Walt Disney would have approved.
This really isn't about innovation or a lack thereof. This is about Romanticism and the commercialism of it.
Romanticism never goes out of fashion -- just look at Leavenworth, WA, Helen, GA or Frankenmuth, MI.
Some Japanese anime mix in romanticized old Europe -- most of Hayao Miyazaki's movies incorporate European themes.
All of Las Vegas is covered with romanticism, from Cesar's Palace to the Bellagio, the Venetian to Paris Las Vegas. Think of all the tourists who rode the gondolas in the Venetian.
People love to romanticize the past and other cultures.