Disney CEO Bob Iger responded to reports showing that Disney World’s wait times for rides and attractions have dropped this summer, suggesting that fewer people are going to the theme park.
In a comment to CNBC this week, Mr. Iger was asked about the trend, and he attributed it to an overall slump in tourism to Central Florida, where the theme park is located.
“Florida opened up early during COVID and created huge demand, and didn’t have competition because there were a number of other places, states, that were not open yet,” he said Thursday. If you look at the numbers in Florida in 2023 … versus 2022, where not as much was open, and Florida was the only game in town, there is a lot more competition today,” he added….