Lake Buena Vista, Fla. — The latest earnings report shows attendance in U.S. parks was down three percent at both Walt Disney World and Disneyland.
Executives attribute the slow down to several things such as higher ticket prices at Disneyland and fewer annual passholder visits there.
It also pointed out they believe potential Disney World visitors are deferring their trips until after the Star Wars:Galaxy's Edge opens.
The expansion is due to open August 29 at Hollywood Studios, its twin opened in California the same quarter as the report.
Still, Disney CEO Bob Iger believes some people are holding off on their vacation until the land opens in Florida.
Could this be the time to visit the Park?
I checked Tuesday’s wait times at the Magic Kingdom.
The “Haunted Mansion” still showed a 50 minute wait, and “It’s a Small World” had a 35 minute wait.
Digging further into the report, its shows profits did not suffer.
The company's Parks, Experiences and Products division reported a 7 percent jump in revenue for a total of $6.6 billion.
Operating income was also up 4 percent due to a 10 percent jump in guest spending and high occupancy rates at Disney hotels.
