Right now, the lead story section of the
Drudge Report features a bleak looking picture of the Hong Kong DL Sleeping Beauty Castle, with a loney-looking Robert Iger in front of it. The headline below reads "GRUMPY, SLEEPY, SLUMPY: BAD ECON HITS DISNEY". Click on it and you get sent to the Yahoo News story cited above.
In addition to the resort discounting (advance bookings through June 2009 are apparently down 10%), the story states Disney Management is "looking for ways to cut costs company-wide." Iger is quoted as saying "
significant savings will be delivered."
My predictions: reduced park hours, less frequent (and possibly scaled back)entertainment and tighter staffing.