Disney World will hike ticket costs to its 4 parks subsequent month — with the price of getting into the Magic Kingdom anticipated to just about double for the vacations.
The Mouse Home, which reported file gross sales for the 12 months in its fiscal report final week, introduced Tuesday it'll jack up the worth on single-day tickets and annual passes on Dec. 8.
At the moment, the bottom worth for a one-day ticket to any of its 4 Orlando theme parks is $109. However now, Magic Kingdom costs will begin at $124 and skyrocket to $189 relying on the date and demand.
The tickets will price nearer to the $189 worth level particularly through the week of Christmas to New 12 months’s, Disney mentioned. Nevertheless, greater than 99% of its one-day, one-park tickets will probably be below $189.
“Magic Kingdom Park will probably be priced at or above our different theme parks because of the unimaginable demand because it stays the most-visited theme park on the planet,” Disney mentioned in an announcement.
Epcot’s ticket will probably be hiked to between $114 and $179, whereas Disney’s Hollywood Studios will price $124 to $179. Disney’s Animal Kingdom would be the solely park to maintain its present worth vary at $109 to $159.
Three of Disney World’s annual passes — the Incredi-Go, Sorcerer and Pirate — may even get a worth improve amid surging demand. At the moment, new gross sales of the Incredi-Go, Sorcerer and Pirate annual passes are paused, however they're nonetheless obtainable for renewal, Disney mentioned.
The value hikes at Disney World comply with a spherical of new will increase at Disneyland in Anaheim, Calif.
The Incredi-Go will improve to $1,399 from $1,299 and the Sorcerer Go will improve to $969 from $899. In the meantime, the Pirate Go will price $749, up from $699, whereas Pixie Go costs stay at $399.
Disney CEO Bob Chapek had hinted at ticket worth will increase at each parks, if demand continued to surge.
Chapek has confronted blowback this 12 months for worth will increase for meals, merchandise and parking at each Disneyland and Disney World following the pandemic, which had shuttered the corporate’s theme parks. Followers have additionally griped concerning the high quality of meals, portion sizes and the general expertise on the parks whereas Chapek has reeled in compensation of $32.5 million, incomes him the moniker “Bob Paycheck.”
Regardless of the file annual gross sales, Disney missed Wall Road estimates for quarterly earnings on Tuesday because the leisure big racked up extra losses from its push into streaming video. Shares of the corporate fell greater than 13% on Wednesday following its outcomes and Chapek introduced layoffs and hiring freezes final week.
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