It wasn't out of choice. The built beyond their possibilities and the resort was bleeding money from the start because of that. Money was spent but debts kept adding up to the point where closing the park was even a possibility. Disney eventually sold most of their stock in the park and only bought it back in 2017.
Universal wanted to build their own resort at around that time, but saw that the model used for EuroDisney wouldn't work out and went for a smaller park instead.
This is literally my area of research. I have interviewed people involved in this whole ordeal, including economists and politicians of that time. I can also share some of the articles I've cited.
So if there's an area where I am 100% sure of the facts, its this one.
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