Posted on 10/18/2023 5:15:39 PM PDT by dennisw
The price hikes follow reports earlier this year saying Disney parks experienced a disappointing summer in terms of attendance, with one travel company that tracks line-waiting time at Disney World saying that the Independence Day weekend was one of the slowest in nearly a decade.
As if visiting a Disney theme park wasn’t already outrageously expensive, the Walt Disney Company is once again hiking the price of admission to Disney World in Orlando and Disneyland in Anaheim, with certain passes skyrocketing by as much as 21 percent.
Disney is also jacking up the price of parking in Orlando from $25 to $30, or 20 percent.
The eye-popping increases, which take effect immediately, represent Disney’s latest attempt to juice revenue amid faltering financials that have left the once invincible company in disarray. Long a reliable cash cow, Disney parks are showing signs of serious vulnerability, with mounting reports of weak attendance as families dealing with the crushing effects off Bidenflation opt to stay home.
Disney shares are languishing near record lows, down nearly 4 percent for the year and more than 8 percent in the past 12 months.
On Wednesday, Disney officials attributed the price hikes to investment in the parks.
“We are constantly adding new, innovative attractions and entertainment to our parks and, with our broad array of pricing options, the value of a theme park visit is reflected in the unique experiences that only Disney can offer,” a Disney spokesperson said in a statement.
(Excerpt) Read more at breitbart.com ...
wtf... how long they charge for parking???
kelce brothers were hyping up Cedar Park today on their New Heights broadcast and the company is already inviting them to do their Go Pro on the new ride in 2024
If fewer people go to Disney properties, while paying a higher price, Disney will need fewer employees. Their costs will decrease. Maybe this is their plan.
Death spiral.
That should help flagging attendance.
Some MBA flipped the price curve upside down in a PowerPoint to the c-levels.
I think the problem is, they are not pushing the LGBT agenda enough. That’s what people want from a theme park.
Something seemed off when I saw grown men visiting Disney alone.
Most people would never visit a theme park by themselves. Maybe hiking, fishing, skiing, or horseback riding alone, but not a theme park meant for kids.
Wonder if these men were groomers?
Not gonna hurt my budget atall.
Did all their exec team work for the federal government? “Just raise taxes to stratospheric levels and we’ll be rolling in the dough.”
Count on Joe to give that EBT card riff-raff a big raise so they can continue going to Disney parks.
Most people here are missing the hidden agenda. Disney’s parks sell atmosphere and experience for their guests. Disney can 100% control every aspect of atmosphere and experience except that which is caused by other guests. So they price park admission and ancillary costs high enough to attempt to ensure that those guests who will make the park atmosphere and experience undesirable are unlikely to purchase, but not so high that Disneylovers will cease attending. He who has ears to hear, let him hear.
Eventually they’ll say their prices are discriminatory against black people.
NAACP will say nothing; they do not wish to seem to be on the same side as DeSantis.
This is a very good sign that disney is failing.
Yeah, that’s the ticket. Attendance is down, CHARGE MORE!
Higher prices, that’ll pack in the crowds!!
Raise the prices on the already obscenely over-price souvenir merch too!!
Our slump shall soon be over!!!
Can WALT DISNEY CO. really be THIS dumb?
Raise prices 50%! That’ll improve things.
They need to make sure they hire more drag queens and screw up more classic movies. That should help too.
They can raise prices and make up their losses on volume. I mean to be as nonsensical as they are.
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