Is Disney becoming too expensive?

From the addition of new added costs like Genie+, which replaced the previously free FastPass, to a massive across-the-board price increase on everything at both Disneyland and Walt Disney World, prices continue to escalate. As it turns out, even Disney CEO Bob Iger thinks that the parks are getting too expensive.



People Also Ask

Increases in ticket prices, ticket “surge pricing,” new add-on expenses (Airport transportation, Genie+ & Lightning Lanes), and price increases for merchandise and food —- all boils down to the fact that folks will still pay it. But don't lose hope!

MORE DETAILS

Disney CEO Bob Iger isn't concerned about park prices. Disney fans hoping to see park ticket prices drop appear to be out of luck. In an interview Thursday on CNBC's Squawk Box, Walt Disney Co. CEO Bob Iger said “pricing is not an issue” at the parks.

MORE DETAILS

According to Disney, in December 2023, it will increase subscription prices of Disney+ without ads in those markets. Since launching the ad-supported version of Disney+ in the U.S. in December 2022, the company has signed up 3.3 million customers for the plan, CEO Bob Iger said on the earnings call Wednesday.

MORE DETAILS

Most people who go to the Walt Disney World Resort are not rich. On average, a family of four will spend $5,240 for their Disney World vacation. This includes their meals, a 4-night hotel stay, and 4 days' worth of theme park tickets.

MORE DETAILS

Starting on January 9, 2024, you can visit any theme park without a reservation as long as you have a date-based ticket. A date-based ticket is the standard ticket option and means you've purchased park passes for a specific time frame (whether it's tickets alone or part of a vacation package).

MORE DETAILS

Nevertheless, wait times are an imperfect measure of Walt Disney World's crowds, especially if you're comparing current conditions to prior years. Walt Disney World attendance has increased by several million people over the course of the last decade-plus, so the vast majority of days in 2023 will be more crowded than ...

MORE DETAILS

Disney World offers two ticket categories according to age level: One is for ages 10 and older; the other is for ages 3 to 9. Admission is free for children under the age of 3. Read on to learn about the types of passes and what is/is not included.

MORE DETAILS

One factor is that people may be less interested in theme parks. From what we're seeing with our bookings, that pent-up demand has somewhat transitioned to cruises and Europe, Greg Antonelle, the co-owner of Florida travel agency MickeyTravels, told the Journal.

MORE DETAILS

When considering both ticket prices and hotel prices, Early January through Presidents' Day weekend is the cheapest time to go to Disney World. The next cheapest time to visit Disney World would be late August through early September and non-holiday weekdays during October, November, and December.

MORE DETAILS

Here's the thing — if you're wanting to visit Disney World in 2024, the cheapest days are NOT in the first half of the year. Instead, we saw the cheapest ticket prices in August and September. Even more importantly, some of these dates have lower ticket prices than those we're seeing for 2023.

MORE DETAILS

Nothing can be ruled out, but Disney would have to spend an incredible amount of resources to completely pull out of Florida. Disney owns about 25,000 acres of land in Florida, which is approximately 39 square miles.

MORE DETAILS

The average price for a family of four to spend a week at Disney World and stay in a moderate resort is $6300. The average middle class income in the U.S. is around $70,000. So it's nearly 10 percent of the average Americans salary to go to Disney. It's out of reach for lower income families.

MORE DETAILS

The worst times to visit Disney World in 2023 are: March 17 – April 16 (Spring Break & Easter) May 26 – August 13. November 17-26 (Avoid Thanksgiving Week) December 15 -31 (Avoid Christmas and New Year's Weeks)

MORE DETAILS

Worst Times to Visit Disney World Despite this, prices and crowd size both hit a peak in June, July, and August — so if you want to save money and avoid unpleasantly long lines, you may want to plan your trip for another season.

MORE DETAILS

Is there any hope for Disney's stock? Despite Disney's stock's performance over the last five years, the company does have some bright spots. Most notably, operating income for its parks, experiences, and products segment is up 20% year over year to $7.6 billion in the first three quarters of fiscal 2023.

MORE DETAILS

Using the above analysis as a guide, a good daily budget for Disney is around $233 per person per day if you are traveling as a family of four, or a total of $935 for the whole family. This figure includes theme park tickets, parking, food, and spending money, but not accommodation.

MORE DETAILS