'Disneyland Lifts Prices Up To 9%; Florida Annual Passes Rise Too' - Bloomberg
Portfolio Pulse from Benzinga Newsdesk
Walt Disney Co. has announced a price increase for its Disneyland resort tickets by up to 9% and annual pass prices at Walt Disney World by up to 10%. The new prices are effective immediately.
October 11, 2023 | 11:51 am
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POSITIVE IMPACT
Disney's decision to increase ticket prices at its parks could potentially boost its revenue in the short term, assuming demand remains stable.
Disney's price increase for its park tickets directly impacts its revenue. If the demand for Disney's parks remains stable despite the price increase, this could lead to a boost in revenue. However, if the price increase leads to a significant drop in demand, this could negatively impact Disney's revenue.
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IMPORTANCE 70
RELEVANCE 100