News EPCOT closing early on October 22

D

DCBaker

Premium Member
Original Poster
EPCOT is scheduled to close at 5pm on Tuesday, October 22 due to the Gartner IT Symposium/Xpo holding a special event.

Details:

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PuertoRekinSam

PuertoRekinSam

Well-Known Member
John park hopper said:
Disney closes EPCOT early for a special event making $$$$$$---they don't discount the daily ticket price making $$$$$$. Shame on you Disney
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Disney doesn’t set their prices based on how many hours the park is open, but by how many “things“ you can do in the hours the park is open. A lot of people will opt out of going to Epcot today because it closes at five meaning lines will be shorter And the net number of things you can do if you do attend should remain about the same. If they lower the price because there’s less hours more people will show up looking for a deal, resulting in longer lines and less things being done per person. I will give you that there is no nighttime spectacular, but generally speaking that is the one loss for the average guest.

People who are upset about the pricing are not going to show up, and it won’t reflect badly on their guest surveys. But if it was a lower price, less things done per guest because more people were there that would show up on the survey. It’s a balancing act that they’re trying to get the best of everything money survey scores, etc..

By lowering the price, it’s less profit per ticket, which means they need more people to hit the same breakeven point. But if that’s a negative on their survey scores, why risk it if they could hit the same breaking point with less people in the park and possibly have the same survey scores?
 
F

Fido Chuckwagon

Well-Known Member
PuertoRekinSam said:
Disney doesn’t set their prices based on how many hours the park is open, but by how many “things“ you can do in the hours the park is open
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Disney sets their park prices based upon expected crowd levels, not based on how many “things” you can do in the hours the park is open. The higher the demand level and the higher the crowds, the higher the price point.
PuertoRekinSam said:
By lowering the price, it’s less profit per ticket, which means they need more people to hit the same breakeven point.
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This isn’t how supply and demand pricing works at all. Disney sets its pricing to maximize profits, not to hit some “breakeven” point. On days with higher demand Disney knows it can charge more. That’s it, pure and simple. Disney isn’t leaving money on the table.
 
PuertoRekinSam

PuertoRekinSam

Well-Known Member
Fido Chuckwagon said:
Disney sets their park prices based upon expected crowd levels, not based on how many “things” you can do in the hours the park is open. The higher the demand level and the higher the crowds, the higher the price point.

This isn’t how supply and demand pricing works at all. Disney sets its pricing to maximize profits, not to hit some “breakeven” point. On days with higher demand Disney knows it can charge more. That’s it, pure and simple. Disney isn’t leaving money on the table.
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I over simplified my answer, but unless something has drastically changed in the last 15 years from when my brother worked in the parks as an attractions coordinator as he explained to me, Disney tries to optimize the “ride percap”. A magic number that says if the average Guest does X number of attractions in a day they feel they got their money’s worth.

There are many levers they can use to get this number to hit where they want it. In the 2000s I remember many times my brother having his hours extended the day of at MK because they were not hitting these numbers.

Now they have more levers they can use to adjust the equation. Need more attractions for the expected Guest? Increase park hours.(a cost to Disney) Need less Guest? Increase the price.(no cost increase, but less revenue … so many less profit)

Another factor to consider is when the conference was booked? Were tickets already available for that day? I wouldn’t be happy if I bought my tickets a year out only for the price to be dropped six months later. This isn’t an airline.
 
mattpeto

mattpeto

Well-Known Member
Any idea if Luminous is playing tonight at the event? I wanted to try to encourage somebody I know to attend if they are running it.
 
Ayla

Ayla

Well-Known Member
PuertoRekinSam said:
I over simplified my answer, but unless something has drastically changed in the last 15 years from when my brother worked in the parks as an attractions coordinator as he explained to me, Disney tries to optimize the “ride percap”. A magic number that says if the average Guest does X number of attractions in a day they feel they got their money’s worth.

There are many levers they can use to get this number to hit where they want it. In the 2000s I remember many times my brother having his hours extended the day of at MK because they were not hitting these numbers.

Now they have more levers they can use to adjust the equation. Need more attractions for the expected Guest? Increase park hours.(a cost to Disney) Need less Guest? Increase the price.(no cost increase, but less revenue … so many less profit)

Another factor to consider is when the conference was booked? Were tickets already available for that day? I wouldn’t be happy if I bought my tickets a year out only for the price to be dropped six months later. This isn’t an airline.
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The conference happens every year and is probably booked years in advance.
 
JIMINYCR

JIMINYCR

Well-Known Member
We are at EP now and the park is presently empty of guests. Pleasure walk around . Kiosks beginning to open.
We have PH so we are taking full advantage of it being less crowded. We stopped in yesterday morning and it was wall to wall guests.
 
J

JMcMahonEsq

Well-Known Member
Fido Chuckwagon said:
Disney sets their park prices based upon expected crowd levels, not based on how many “things” you can do in the hours the park is open. The higher the demand level and the higher the crowds, the higher the price point.

This isn’t how supply and demand pricing works at all. Disney sets its pricing to maximize profits, not to hit some “breakeven” point. On days with higher demand Disney knows it can charge more. That’s it, pure and simple. Disney isn’t leaving money on the table.
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Disney sets prices on what they see from data people will pay for them. Nothing else.

The parks have closed early for certain events for years, either with private corporate events, or after hour events, parties, ect. If customers continue to purchase general admission tickets for those days, despite the parks closing earlier, then there is no reason to offer any discount or reduction in pricing.
 

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