Disney World Raises Prices for Multi-Day Tickets and Park Hopper

Seeking Alpha2022-02-21

In the first major price increase since before the pandemic, Walt Disney World(NYSE:DIS)is officially raising its prices formulti-day and Park Hopper tickets (which allow visitors to move between the theme parks in the same day). Most of the prices between four and 10 days were increased between 2% and 6%, though ticket costs for 1-3 days were largely unchanged.

PerWDW News Today, a website that closely tracks news related to Disney's theme parks:

Base tickets

  • 4 days were $434.83 - $596.74, now $447.70 - $596.74
  • 5 days were $463.56 - $630.85, now $484.52 - $646.87
  • 6 days were $477.79 - $645.91, now $496.43 - $672.25
  • 7 days were $492.06 - $661.56, now $511.10 - $694.96
  • 8 days were $518.17 - $678.83, now $545.19 - $716.20
  • 9 days were $536.00 - $691.93, now $563.46 - $738.66
  • 10 days were $553.69 - $703.65, now $582.09 - $752.40

Park Hopper

  • 4 days were $525.35 - $687.27, now $540.89 - $687.27
  • 5 days were $554.09 - $721.38, now $572.47 - $739.92
  • 6 days were $568.32 - $736.44, now $586.96 - $762.77
  • 7 days were $582.59 - $752.08, now $601.63 - $785.48
  • 8 days were $608.69 - $769.36, now $628.04 - $810.55
  • 9 days were $626.53 - $782.46, now $649.96 - $827.00
  • 10 days were $644.22 - $794.17, now $671.55 - $841.86

Park Hopper Plus

  • 4 days were $546.65 - $708.57, now $559.53 - $708.57
  • 5 days were $575.39 - $742.68, now $593.53 - $761.22
  • 6 days were $589.62 - $757.74, now $612.02 - $784.07
  • 7 days were $603.89 - $773.38, now $622.98 - $806.78
  • 8 days were $629.99 - $790.66, now $653.57 - $828.03
  • 9 days were $647.83 - $803.76, now $678.94 - $844.66
  • 10 days were $665.52 - $815.47, now $698.43 - $863.16

From Disney's recent earnings (on Feb 9):The company saw all-time-high revenue at its "theme parks, experiences and consumer products" division, which doubled over the prior year to reach $7.2B and exceeded pre-pandemic levels. Visitors flocked to its attractions across the U.S., Europe and Asia, while profit margins in part rose because of lower spending on labor due to two new park navigation apps: Genie+ and Lightning Lane. Attendance trends were also up double digits (vs. Q4) at Disneyland and Walt Disney World, and per-capita spending was up 40% Y/Y, amid higher outlays on food, beverages and merchandise.

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Comments

  • jtvcak
    2022-02-22
    jtvcak
    [Like] 
  • HM0510
    2022-02-22
    HM0510
    May it help with its earnings! 
  • HM0510
    2022-02-22
    HM0510
    May it help with its earnings! 
  • Lulup
    2022-02-21
    Lulup
    ok
  • SandDust
    2022-02-21
    SandDust
    Sigh let's us have some fun would ya 
  • MoneyCentral
    2022-02-21
    MoneyCentral
    Expensive
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