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I used to have an annual pass for Disneyland and went about monthly and it is insanely expensive now. I used to grumble at the idea of dropping 400 bucks on an annual pass, but now that tier is like 1100 bucks. 
My dad worked there, my family went for seriously 4 generations, shit my grandfather used to write screen treatments for Walt Disney, Disney always felt like an extended relation to my family going back to the 50s. 
I don't think I'll ever go back again. It's just too expensive now.
"However, we suspect it is short-term thinking that puts the brand value and long-term health of the business at risk." 
Finally someone of note putting their head above the parapet and pointing out the exceedingly obvious, which applies to so many businesses. >

That's a big part of why Chapek is gone. A lot of the pricing issues came under Iger, but folks would always point to Disney as being a higher quality vacation. A lot of that flipped under Chapek, with folks pointing out that the quality was taking a nosedive as the prices continued to go up. The parks were visibly trashed. Rides were obviously in need of repair. Things literally caught on fire more than once.
But Iger's recent announcement and the reaction among Disney fans made me chuckle. They're rolling back overnight parking fees at the hotels, after hiking hotel prices. That's a $15-25 savings after a $100 mark up, some real "JC Penny sale" energy there. And it's still hundreds of dollars more than staying in a nicer hotel off-site. 
The other big announcement was that APs would no longer need park pass reservations to park hop after 2pm. Firstly, park hopping used to be all day rather than after 2pm. Park passes were never required at all until 2020, and no other theme parks currently have any such ridiculous requirements.
I've had a Disney pass myself. Loved Disney. But I'm looking at this shit show and fully aware of what it is. But some of these folks are eating it up. >

I dip into the Disneyland sub every now and then and it's insane how many users there defend the high costs. If you compare ticket costs to past years, they shout at you that it's both inflation and the rising quality of the parks. And if you bring up the current quality issues, as you did, then you're told that you're exaggerating. People make posts about how many attractions are going down at the same time, and they get downvoted for it and told it's just anecdotal evidence--even though these posts are becoming more frequent, along with posts about everyone constantly getting stuck on rides.
Anyway, while I love Disney and still enjoy the parks, I just don't get how people go to the mat for them when it comes to their crazy series of recent price gouging. They're charging $30 friggen' bucks to park these days. There's just no excuse for that, especially with the low wages they give to employees.