Unfortunately, for the Walt Disney World Parks Company this did not quiet materialise. The first sign of problems was when French locals started holding protests – due to concerns the park was going to damage and dilute the proud local culture. These protests partly led to crowds in the opening year falling drastically lower than predictions. India Disney also had to deal with the problems of an excess of under-populated hotels which had ran drastically over budget. This combined with high prices led to the closure of hotels during the winter months. By the start of 1994, India Disney was in serious financial difficulties and press speculation indicated that the park was on the verge of bankruptcy.