News Disney Parks Chief Josh D'Amaro Says Pricing Model Aims to Keep Vacations Affordable for Families

[HauntedPirate]

This is a direct result of Modern Monetary Theory or the Magic Money Tree. MMT is a belief the government can print money without consequence. Unchecked printing of money leads to inflation, or conversely, decreases the purchasing power of a dollar. Decreased purchasing power results in more dollars needed to purchase the same item. We all wanted bailouts during Covid, the result is increased prices.

And some of us never received a penny of that Covid funny money while others soaked up thousands. But we get to deal with the consequences nonetheless.

 

[marni1971]

Any word on removing discounted annual passes for locals. Simply no need for this giveaway, when you have so many tourists wanting to get in.

Why would they ?

 

[mkt]

Any word on removing discounted annual passes for locals. Simply no need for this giveaway, when you have so many tourists wanting to get in.

Nope.

They appreciate the higher merchandise and food spending from locals.

 

[Dranth]

This is a direct result of Modern Monetary Theory or the Magic Money Tree. MMT is a belief the government can print money without consequence. Unchecked printing of money leads to inflation, or conversely, decreases the purchasing power of a dollar. Decreased purchasing power results in more dollars needed to purchase the same item. We all wanted bailouts during Covid, the result is increased prices.

We have done bailouts before without anything like the increased prices we saw so that is only part of the story.

I literally sat in a meeting where a group of C-suit folks from different companies talked about how Covid and the supply shortage gave them cover to jack prices and how they could potentially squeeze out more going forward.

 

[Nubs70]

We have done bailouts before without anything like the increased prices we saw so that is only part of the story.

I literally sat in a meeting where a group of C-suit folks from different companies talked about how Covid and the supply shortage gave them cover to jack prices and how they could potentially squeeze out more going forward.

Yes, the ability to increase prices and maintain prices was precisely due to the increased money supply.

Either way, the same good take more dollars. That is inflation.

If you are not reporting record earnings during a inflationary cycle, you need to revisit your business plan

 

[Prince-1]

Why would they ?

This is Donnie's schtick. He is a sad little broken record on wanting to get rid of annual passes for locals.

 

[Sirwalterraleigh]

Bob’s “exclusive, luxury plan” is working well in Epcot today

There’s nobody here

Almost embarsssing

 

[Sirwalterraleigh]

Why would they ?

I’m still trying to figure out how $600 with about 200 days of blackouts is “giveaway”?

 

[Lilofan]

The way we trimmed our eating expenses at the parks is taking advantage of the all u can eat hot breakfast at the nearby non Disney hotels. For lunch in the park is a light meal if even that and our bigger meal is dinner in park or somewhere else. We hydrate throughout the day drinking so much water ( for free ) ask a CM for ice water or line up with other guests at the water filling station with your water bottle. During the hot humid months we don’t eat a lot during the day but we hydrate frequently to avoid heat exhaustion. With Disney being more expensive year after year instead of crying about it we find ways to do something about it.

 

[Tha Realest]

Bob’s “exclusive, luxury plan” is working well in Epcot today

There’s nobody here

Almost embarsssing

Wow. Saturday on a holiday weekend, most schools are out for the summer, and nothing longer than 55 mins (and GOTG is closed?)

Epcot live wait times

Live waiting times and ride closures for Epcot, updated directly from the park. Find the longest and shortest lines here, instantly.

queue-times.com

 

[Lilofan]

Wow. Saturday on a holiday weekend, most schools are out for the summer, and nothing longer than 55 mins (and GOTG is closed?)

Epcot live wait times

Live waiting times and ride closures for Epcot, updated directly from the park. Find the longest and shortest lines here, instantly.

queue-times.com

Surely they are not at Epic Universe . The Midway Maybem blogger advised that lines to rides opening day a few days ago were 15 min or less and less guests than the preview days.

 

[Disstevefan1]

Surely they are not at Epic Universe . The Midway Maybem blogger advised that lines to rides opening day a few days ago were 15 min or less and less guests than the preview days.

Somebody check me on this, but I thought they were intentionally limiting attendance at EPIC.

 

[Lilofan]

Somebody check me on this, but I thought they were intentionally limiting attendance at EPIC.

Haven’t heard but according to Central FL news is reporting Orlando is the #1 tourist destination for Memorial Day Weekend

 

[Biff215]

Somebody check me on this, but I thought they were intentionally limiting attendance at EPIC.

For sure, it was sold out yet rather empty. Smart way to ease in and avoid bad press when things go awry.

 

[Biff215]

The way we trimmed our eating expenses at the parks is taking advantage of the all u can eat hot breakfast at the nearby non Disney hotels. For lunch in the park is a light meal if even that and our bigger meal is dinner in park or somewhere else. We hydrate throughout the day drinking so much water ( for free ) ask a CM for ice water or line up with other guests at the water filling station with your water bottle. During the hot humid months we don’t eat a lot during the day but we hydrate frequently to avoid heat exhaustion. With Disney being more expensive year after year instead of crying about it we find ways to do something about it.

This is fine but completely your choice to make. Personally if I’m going to spend thousands on a vacation, I don’t want to pinch pennies just to make it work. If it were the only option, maybe, but there are plenty of other options thankfully where I can still vacation how I want for less.

 

[TheMaxRebo]

Somebody check me on this, but I thought they were intentionally limiting attendance at EPIC.

They are - 8-10k for now, slowing ramping up as they can handle it

Part of it is with the people that bought the multi-day tickets they don't know which day they will come to epic so bring cautious. Which is great for folks there now.

 

[Lilofan]

This is fine but completely your choice to make. Personally if I’m going to spend thousands on a vacation, I don’t want to pinch pennies just to make it work. If it were the only option, maybe, but there are plenty of other options thankfully where I can still vacation how I want for less.

The ones who can enjoy for much less the WDW parks are the CMs who take full advantage of company perks !

 

[Sirwalterraleigh]

Wow. Saturday on a holiday weekend, most schools are out for the summer, and nothing longer than 55 mins (and GOTG is closed?)

Epcot live wait times

Live waiting times and ride closures for Epcot, updated directly from the park. Find the longest and shortest lines here, instantly.

queue-times.com

Don’t fall for the wait times on the upsell app

It’s not about that

It’s about a general lack of foot traffic

 

["El Gran Magnifico"]

This is fine but completely your choice to make. Personally if I’m going to spend thousands on a vacation, I don’t want to pinch pennies just to make it work. If it were the only option, maybe, but there are plenty of other options thankfully where I can still vacation how I want for less.

I don't think there is a right or wrong here. It's all about personal preference. I agree with you that pinching pennies isn't the way to go. That only creates a level of stress that doesn't need to be there. Especially on vacation.

I stopped eating exclusively at the resort because quite frankly, there became better options.

 

[Lilofan]

I don't think there is a right or wrong here. It's all about personal preference. I agree with you that pinching pennies isn't the way to go. That only creates a level of stress that doesn't need to be there. Especially on vacation.

I stopped eating exclusively at the resort because quite frankly, there became better options.

To each his own. For ones who seek and achieve to higher incomes it requires different mindset and sacrifice foreign words to some to take those chances and risks. As Dave Ramsey put it - 75% of luxury goods buyers are middle class. Their decision making will keep them in the middle class.