according to this article.

I’d expect the price hikes to have trimmed down the number of people and I would have assumed that this was somewhat intentional. I’m a bit bemused that Disney is cutting budgets if park and resort revenue is up on fewer total guests. I’d be guessing that they’re trying to squeeze more profit out of operations and that this is an excuse more than a necessity.

In particular if resort attendance is up, overall revenue is up and park attendance is down that suggests to me that the higher margin areas are where the growth is and that should be good in the long run. Controlling crowding and ensuring that visitors have an amazing experience for their money makes more sense to my sensibilities than pushing the crowd sizes up but letting the crowding and long waits erode the magic.

We’ll have to see what Disney does over the next year in order to understand whether this is a short term squeeze by management or a longer term pulling back from park funding.