Disney Theme Parks: Empty, Crisis, Decrease in Wait Times, People Aren't Going, Good News for Visitors
Disney theme parks are experiencing a decline in foot traffic this summer, with shorter wait times and lower attendance compared to previous years. While Florida Governor Ron DeSantis blames Disney's "woke agenda" for the lack of ticket sales, data suggests that other factors such as high ticket prices, a looming recession, declining savings rates, an oppressive heatwave in Florida, and competition from trips to Europe may also be contributing to the attendance slump. Despite the challenges, Disney's stock is trading at a low price and analysts expect average annual earnings to grow 20% over the next three to five years, making it a potentially attractive investment opportunity.