Why a Disney vacation may have gotten too pricey for the average American family
Disney(DIS) CNBC·2024-09-10 12:00
The U.S. travel sector has been surprisingly resilient when it comes to travel.Domestic travel numbers have returned to pre-pandemic levels and air travel has surged even as more than a third of travelers planned to take on debt for summer trips. However, inflation-weary consumers might be taking their money elsewhere when it comes to theme parks.In its 2024 third-quarter results, Disney blamed a "softening consumer environment" for sliding demand in its theme parks. Domestic parks, which include Walt Disne ...