Despite Being Bigger, Walt Disney World Earned Less Than Disneyland This Quarter – Why Is That?

Last evening, the Walt Disney Company held its quarter 2 earnings call. During this call, Walt Disney Company officials, such as CEO Bob Iger himself, discuss the revenue made or lost during its second quarter.

This year’s quarter 2 earnings call was especially important, as it was a good indicator of Bob Iger’s return as the CEO of the Walt Disney Company, and whether he is still a good fit or not.

Credit: Disney

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During last evening’s call specifically, it was revealed that Bob Iger did not roll back any of previous CEO Bob Chapek’s price-raising practices. Quite the opposite, actually: he leaned into the practice and raised prices even further.

Credit: Disney

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It’s no secret that staying at a Disney World Resort hotel and visiting Magic Kingdom, Animal Kingdom, Hollywood Studios, or EPCOT is more expensive than it’s ever been. However, the results disclosed during last night’s Q2 earnings call indicate that this may not have been the best idea for Walt Disney World Resort…

Disney: "Results at our domestic parks and resorts were slightly unfavorable to the prior-year quarter, as a decrease at Walt Disney World Resort was largely offset by growth at Disneyland Resort."

— Scott Gustin (@ScottGustin) May 10, 2023

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Theme park reporter Scott Gustin recorded news from the earnings call, sharing that Disneyland’s revenue was more favorable than Walt Disney World’s, despite the vast difference in size.

This leads us to ask why Guests visiting Disneyland Resort are more willing to spend extra money than Guests visiting Walt Disney World.

Credit: Disney Parks

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Does it have to do with Guests already feeling the effects of this price-gouging practice? Are fans less willing to spend at Walt Disney World than previously?

Unfortunately, there’s no way to know without interviewing the thousands of Guests visiting Walt Disney World and Disneyland. But it’s definitely an interesting parallel to think about, and we may have to wait until the next earnings call for our answers…