Iger's ten years has been a decade of decay for Epcot and Hollywood Studios. The Pandora plans have been a debacle from the beginning and will take close to 8 years to complete. New Fantasyland is a plus, but the Little Mermaid Ride is a real stinker that represents everything cheap about Iger's reign.
It's easy to blame one man, but the fact is, Iger is more of a symptom than the cause.
In any case, I couldn't believe the VOTLM the first time I rode it and I can't believe it every time I go back on it. It's a disgrace, they really did a horrible job on it. As a whole mind you, there are segments and pieces done very well but in it's entirety, it's laughable.
And of course the rise of DVC. Which the company has had no trouble getting built on time and in a variety of locations.
Funny how that is, isn't it?
The 8 years makes sense when you remember what you said about being "cheap" and it being about the "money".
Blame the government for their the slow progress. I run a small business, being able to stretch your expenses over multiple years can be highly advantageous when it comes to taxes. If they built everything in 12-18 months like they did in the past, they'd max out their deductions for those years and not be able to fully write all the expenses off.
You might ask why wouldn't DVC do that? Because DVC gets no income while it's building and it also falls under some other things but I'm not here to give econ 101.
Why would Universal build so much quicker, since Disney figured it out? Because Universal isn't Disney. People, like most people on the Dis, are brainwashed into "Disney Disney Disney", One new ride or restaurant/ quick service opened? Have to see it right now, can't wait till it's done. Gotta go now.
Universal is still growing, Harry Potter gets a tremendous amount of people in, looks at the stats afterwards for US and USIOA.
Does anyone think that sort of growth will happen when any of these new lands open in WDW? Not to that level, no. The available amount of people traveling to theme parks in Orlando isn't there. And again, with such a loyal following "Soft openings" and phased openings draw enough of a spike that it works out. All WDW is doing is making sure they don't lose
too much ground to US and US ioa in 5~ years.
DL is a different story, it's a different animal over there. As to money being spent, it's being spent in WDW, just on other things, like the magic trackers. Imagine if that 2 billion was put into upgrades and attractions instead of this nonsense.