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The Walt Disney Co. is scaling back its Adventures by Disney business, dropping many itineraries and destinations from its 2010 schedule. Disney executives acknowledge that the economic downturn has put pressure on the guided-tour business, as well as others. “When you think about the economy, it’s hard not to think of any business, in any industry sector, that hasn’t been impacted,” said Karl Holz, president of New Vacation Operations, which includes Adventures by Disney.

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