Originally Posted By Spirit of 74 I see it hasn't been noted here, but ticket prices will be increasing at WDW across the board next week. This info. isn't from me, but someone who I trust from another spirited Mouse info place.
Originally Posted By vbdad55 buying 3 more 10 days on Sunday - let's hope they wait until Monday for increase.
Originally Posted By TDLFAN Prices increase at WDW like yearly...As opposed to TDR's price increases every 3-4 years? ..And TDR's last price increase was less than a year ago. BTW, it's 5,800 yen for a 1-day (non hopper) ticket to either TDL or TDS, which under current exchange rates, translates into $49 a day. How much is the 1-day non-hopper pass to any given WDW park? Keep in mind, TDL offers many more rides than the MK, more daily stage shows and parades, more special events per year at regular ticket prices, more shopping venues than the MK, more restaurants than the MK, and overall... a cleaner, better maintained park over the MK. How long are you people willing to pay higher MK prices for less than what guests are getting in Tokyo and even DL in Anaheim??? Seems to me it's best to buy the AP and just go as often as possible a year, since that is the only fair price to pay for the "quality" and "quantity" we are getting at each WDW park, over most of the other Disney parks on Earth.
Originally Posted By Spirit of 74 <<buying 3 more 10 days on Sunday - let's hope they wait until Monday for increase.>> My gut (nothing more) says you'd be better off getting them Saturday. They've often done Sunday morning increases to do it as quietly in the news cycle as possible.
Originally Posted By Sport Goofy << Prices increase at WDW like yearly...As opposed to TDR's price increases every 3-4 years? >> Why don't you compare the inflation rates in Japan and the U.S. during the same period. Care to share with the readers here that Japan has been in a deflationary depression for nearly a decade and has only really emerged from that in the past 2 years? -- and that recovery has been tenuous at best. Meanwhile, in the U.S., price inflation has been around and is accelerating right now. You also have a significant difference in the savings rate for consumers in Japan and the U.S. The Japanese are savers and Americans are spenders. What percentage of WDW visitors are financing their vacation on credit cards or the home equity line of credit vs. visitors to TDL? People will pay ridiculous prices for things when they have easy access to credit.
Originally Posted By Witches of Morva ORDDU: This news wouldn't bother us so much in Morva IF we didn't already know how inappropriately so much of the money taken in at these theme parks was spent. Management ends up wasting so much of the money they receive and it shows when you enter each of the parks. We remember how--years ago--how they had just spent a lot of money remodeling one of the stores at the Village Market Place--only to tear it down a year later and rebuild it from scratch into what is now the World of Disney Store. Bad planning, if you ask a coven of witch's in Morva. ORWEN: It's hard to tell if the average cast member ever benefits from all these price increases, too. I mean, are they getting raises? Or is most of the money just going to the executive offices for new furniture, new carpets, etc.? ORGOCH: Heck!! Here in Morva we's learned ta live with plain ol' dirt floors!! Ya don't see us wastin' money on fancy doo-dads when we's got a bunch a mouth's ta feed. (Orwen, alone, can eat a hundred dollars worth a grub in just a day! Which goes ta show ya's, grubs ain't as cheap as they used ta be!)
Originally Posted By Spirit of 74 <<The Japanese are savers and Americans are spenders. What percentage of WDW visitors are financing their vacation on credit cards or the home equity line of credit vs. visitors to TDL? People will pay ridiculous prices for things when they have easy access to credit.>> Welcome back to the LP ...m...j.
Originally Posted By Spirit of 74 Yo, VBDAD, better buy them tix tomorrow because Sunday will put a bigger dent in your lovely Princess purse!
Originally Posted By BeautysBeast Well certainly WDW raises its entry fees.Universal introducing the epic harry potter experience makes everybody a winner in Orlando.
Originally Posted By Sport Goofy << Well certainly WDW raises its entry fees.Universal introducing the epic harry potter experience makes everybody a winner in Orlando. >> Harry Potter won't be in Orlando for another 3 years. The hefty price increases this year have more to do with the weak dollar than anything else -- gotta take advantage of the European tourists who have really shown strong attendance this year with the good exchange rate. I'm not sure it's the best business practice, but it reflects the current travel trends in Orlando.
Originally Posted By Spirit of 74 ^^The thing is Disney is still worth what they are charging ... although at $71 a day, they are very close to the point (I'd say it would be $75) where it just isn't worth it for a day's visit. Since most people buy multi-day tix, this affects them both more (because of what they spend) and less (because they are still getting somewhat of a 'deal' when they stay longer. See, I can even defend a Disney price increase. But I won't be much longer unless they start giving me reason to. I wonder if my Charter AP will be going over the $300 threshold with this increase. I think I paid about $285 last year.
Originally Posted By Sport Goofy << See, I can even defend a Disney price increase. >> I think Disney is making a mistake here. The days of easy credit and mortgage equity withdrawal are slowing rapidly. I think Disney is going to find that guests aren't so eager to pay these prices when it's coming from hard earned cash instead of "funny money" from the home equity ATM.
Originally Posted By Spirit of 74 ^^Well, I can also argue the other side of the coin too ;-) I'm just saying I could easily justify WDW's 'value' at the new price points. But crossing that $70 threshold is likely going to turn off a lot of folks who have just a day. And let's be honest here, the reason this was done now is two-fold: to off-set what they fear will be a very poor fourth quarter as bookings are waaaay down even with the the return of free dining, and to make up the 4% increase many unionized CMs just got in the new contract. If you increase the ticket prices, and worst case fall happens, Disney will likely be able to point to flat earnings at worst.
Originally Posted By ssWEDguy >> How long are you people willing to pay higher MK prices for less than what guests are getting in Tokyo and even DL in Anaheim??? << How much is airfare to Tokyo? Compared to airfare to Orlando? Each time I decide to take a trip to TDS to experience more and spend less, don't I have to figure that in? Who best to book with for air? And what would be a good hotel to use? Honestly, I would like to know.
Originally Posted By bobbelee9 Am I the only one who lives in an area that has pages of home foreclosures in the newspaper several times a week? Are people willing to lose their homes to go on vacations?
Originally Posted By Lake Nona From this morning's Orlando Sentinel... Bring more money if you visit Disney Scott Powers | Sentinel Staff Writer August 4, 2007 The price of magic goes up this weekend at Walt Disney World, where the basic adult ticket is climbing 6 percent to a record $71. Disney announced Friday that the new ticket prices would take effect Sunday. The changes also affect discount packages that still can push the per-day cost below $23 for adults who want to commit to as much as a 10-day run at Disney's four theme parks. An adult, one-day, one-park pass that now costs $67 will go up to $71. Price increases of 3 percent to 6 percent were tacked on to most of Disney's "Magic Your Way," Florida discount and annual-pass deals. There was no word Friday out of either Universal Orlando or SeaWorld Orlando about whether they, too, expect to raise prices soon. Both said they make those decisions independently. Yet Central Florida's theme-park resorts have a history of raising ticket prices at about the same time to about the same amounts. Disney World's increase came just two days after corporate parent Walt Disney Co. announced a $1.1 billion third-quarter profit and another good season at the company's theme parks, where profit margins topped 20 percent. Disney officials said the timing of the price increase had nothing to do with the corporate earnings; rather, it was tied to the annual planning cycles of travel wholesalers, tour organizers and commercial publications. They need their 2008 resort information soon. There was no indication that anyone expects Disney's price to scare away customers. "We strongly believe that Walt Disney World represents a great entertainment value. Our guests agree," spokesman Rick Sylvain said. "In our guest surveys, nine out of 10 rate their theme-park experience from good to excellent." Because Disney is the recognized leader in the theme-park industry, the company can continue to raise prices as long as people keep coming because Disney will define the level that the market will bear, said theme-park professor Ady Milman of the University of Central Florida's Rosen College of Hospitality Management. Milman said he does not think Disney is pricing itself out of the average family's budget, because the average out-of-state family saves for about five years to pay for a Disney vacation. "Disney has the capacity to distinguish itself as a good brand with a guaranteed experience, so people will pay," he said. "But it's amazing," he added, referring to the new single-day price. For years, the area's Big Three theme parks waited until December or January to announce price increases. But Disney bucked that trend last year, raising its basic ticket from $63 to $67 almost exactly a year ago. Universal quickly followed to $67, though SeaWorld waited until January and went up only to $64.95. Most of the industry has gotten away from thinking in terms of annual price increases, said Dennis Speigel, a private consultant and president of International Theme Park Services in Cincinnati. "Really, what they've been doing is taking them as they feel they can," he said. "I think what Disney is doing is putting fat on the fat hog. It's probably a good time to do it, while trends are up and people are coming. With the season they're having and the good quarter they just reported, it's probably a good time to do it." In the past three years, Disney World has followed a trend begun at other theme parks of moving away from one-day, one-park tickets and toward various ticket packages that cost more but offer more, including steep per-day discounts. Last year, Disney officials said that fewer than half their visitors were still buying one-day, one-park tickets. Among other changes: The basic ticket for children ages 3 to 9 will start at $60, up from $56. "Magic Your Way" tickets add multiple days at decreasing per-day rates; an adult two-day, one-park ticket will cost $139, up from $132, while a 10-day ticket will cost $225, up from $216. Disney's "Park Hopper" feature was not changed: For $45 extra, Disney visitors can turn any one-park ticket into a multipark ticket. Florida residents will continue to receive a 10 percent discount on base-price tickets purchased in advance, with an adult ticket starting at $63.90. A basic one-day water-park ticket (for either Blizzard Beach or Typhoon Lagoon) will cost $39, up from $36. Just booked a 7 day Eastern Carribean cruise for Nov 2008 on Royal Carribean out of Port Canaveral.There goes our usual 9 day visit to WDW. Are they nuts, with the current housing market, that someone may take a loan of 10% for a family vacation to WDW. Or the family could go elsewhere. Just a bad move.
Originally Posted By Elderp For $71 dollars one day is horrible. Basically, it sends me the message that WDW only wants multi-day guests and if they can do so, so be it. As a head of household if I only had one day I think there are so many other things to do in Orlando that I could find something better to do for that money. I think the multi-day tickets are still a good value though. So basically I will never go to WDW unless I go for at least three days, otherwise I am going somewhere else.
Originally Posted By bayrr326 I think there is a two fold strategy to their constant increase of the one day ticket. I def. think it is to get people to do multiple days instead of just one, possibly taking time people would go to one of the other parks and forces the other parks to raise their prices which makes the other parks less attractive for a one day visit. It amazes me how much Disney has raised the ticket price in the last 5 years. I really wonder when the breaking point will be. I think they are def. hurting themselves with the people who visit friends and family in Florida and can only go for a day or two. They are really pricing themselves out of the short trip or one day visit. I am lucky that I can usually get free passes for guests or get one of my friends who is a cast member to sign people in but when I can't nobody who visits is willing to pay that kinda price for one or two days when we can usually get a deal to go to Universal, SeaWorld or Busch.
Originally Posted By bayrr326 And that 10% discount for Florida residents off a one day ticket is a joke.
