It really looks like Disney has decided attendance no longer really matters for them when it comes to increasing revenues and profits. The strategy is to raise prices until they find a sweet spot where stagnating or declining attendance is made up for and surpassed by increased margins on tickets, food & beverage, merchandise, etc.. Then when they experience significant push pack, slow down on the price increases. Park attendance has been basically flat over the last five quarters, but dramatic increases in per guest spending have been able to propel profits forward at a really healthy pace. Disney hasn't really thinned the herd to this point, but they have stopped it from growing.
The strategy has been successful so far, enough of their target market has been willing to accept the price increases. That said, I have to believe they were expecting a bigger bump in revenue from SWGE in the first quarter of 2020. I think Disney is being rather risky with this round of aggressive price increases this late into the economic cycle. An economic downturn is really going to whack them with these prices.