Welcome to Troubleland. Orlando, the mecca of mega theme parks, may have too much of a great thing. With seven large parks on the ground and more on the way, industry analysts are issuing dire warnings: "Orlando is now a zero-sum game," says Curt Alexander, an analyst with Media Group Research. "There will be bloodletting of biblical proportions." The theme-park glut promises bargains for consumers but a brutal shakeout that could pound the earnings of park owners Disney, Seagram (Universal) and Anheuser-Busch (Busch Gardens, Sea World).
Disney alone has built at least one park every decade since the Magic Kingdom...