Welcome to Extreme Investor Network, where we bring you the latest business news and trends to help you make informed investment decisions. Today, we are diving into the world of theme parks with news about price hikes at Disneyland.
Disneyland, the iconic California-based park, recently announced that while the entry-level ticket price will remain at $104, other ticket tiers will see an increase of 5.9% to 6.5%. Additionally, the cost of the park’s Magic Key annual pass will also increase between 6% and 20%, depending on the pass type.
These price changes come as the Walt Disney Company faces scrutiny for the cost of its theme park admissions and hotel accommodations. However, the company has been proactive in offering discounted tickets and hotel stays for visitors during off-peak periods. For example, Disney recently announced a kids ticket offer of $50 tickets and a hotel offer that can save guests up to 20%.
Disney’s theme parks operate on a demand-based pricing model, similar to the airline, hotel, and entertainment industries. This means that certain times of the year are more expensive to visit the parks due to high demand. However, there are opportunities for families to visit Disneyland at a lower cost during certain periods, such as January and February.
The Magic Key program at Disneyland also offers different tiers with varying access to theme park dates and perks. Passholders can enjoy early access to new attractions, discounts on Lightning Lane passes, as well as merchandise, food, and parking discounts.
It’s important to note that while Disneyland is implementing price changes, Walt Disney World Resort in Orlando, Florida, is not announcing any price changes at this time. However, pricing increases for 2025 have already been reflected on Disney’s online ticketing website for Walt Disney World Resort.
Stay tuned to Extreme Investor Network for more updates on the latest business news and trends that may impact your investment decisions. Remember, knowledge is power in the world of investing.