'Tokyo Disney Ticket Prices Cross New Milestone; Adult Prices Topping ¥10,000 ($70) For The First Time Since The The Park Opened Four Decades Ago.' - Nikkei Asia
Portfolio Pulse from Benzinga Newsdesk
Tokyo Disney Resort will increase adult ticket prices to over ¥10,000 ($70) for the first time since its opening four decades ago, due to rising costs of labor, energy, and materials. The new six-tier pricing system will be implemented in October, with one-day ticket costs ranging from ¥7,900 to ¥10,900 for adults.
June 23, 2023 | 6:12 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Tokyo Disney Resort's ticket price increase may lead to higher revenues for Disney, as the new pricing system reflects rising labor, energy, and material costs.
The ticket price increase at Tokyo Disney Resort is likely to have a positive impact on Disney's revenues, as it reflects the rising costs of labor, energy, and materials. The new six-tier pricing system will allow the company to better adjust to market conditions and potentially increase overall attendance.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
The ticket price increase at Tokyo Disney Resort may have a limited impact on the iShares MSCI Japan ETF (EWJ), as it is a sign of inflation taking hold in Japan.
The ticket price increase at Tokyo Disney Resort is a sign of inflation taking hold in Japan, as businesses pay more for energy, materials, and workers. This may have a limited impact on the iShares MSCI Japan ETF (EWJ), as it is just one of many factors affecting the Japanese economy and stock market.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 40