Andrew25
Well-Known Member
My posting was mainly to point how ridiculous pricing has become, I'm not trying to justify anything by using inflation. Just want to get ahead of the "but inflation" crowd
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Mickey’s Not So Scary Halloween Party 2024
- Thread starter bmr1591
- Start date
LittleBuford
Well-Known Member
I know you’re joking, but the cost of chocolate actually has gone up a lot in the past few years. That isn’t why Disney’s raising its prices, of course, but I don’t think the increased cost of this year’s tickets is out of keeping with larger economic trends.
Nothing right now but personally, I'd expect it to be in the attraction lineup.
JMcMahonEsq
Well-Known Member
Wait how does the chart do that? Has there been a corresponding drop off in ticket sales over the same time period such that people aren’t paying for the tickets? That would arguably be evidence that points to pricing being ridiculous. But if the parties keep selling out, all this chart shows is how UNDER priced the tickets were given the demand .
ToTBellHop
Well-Known Member
ECON 101
Never under-charge. For example, I know exactly how much to charge people who want to enjoy my charm, biting wit, and intellectual musings.
Andrew25
Well-Known Member
It doesn't, people are paying for it and Disney is obviously making more money YoY to justify these increases. It's just impressive to see how Disney has gone against conventional economic rules where they increase prices and somehow find more people to pay them.
There's a decent theory that people are skipping to choose a "normal" WDW vacation and replace visiting the parks during the day with a party-focused trip instead.
I've spoken to lots of people who have traveled for just 2-3 days to visit MNSSHP and a chill day at the pool versus a more traditional WDW/Orlando vacation.
LittleBuford
Well-Known Member
Could you clarify what you mean? As I alluded to above, prices have been going up for many goods and services, such that Disney’s increases seem consistent with current economic norms. For the party to become prohibitively expensive, Disney would have to raise the cost quite a bit more than they have.
Andrew25
Well-Known Member
Things have certainly gotten more expensive, but a 35% change in pricing since 2018 is wild... especially for a party that features the exact same offerings each year.
A 35% increase *beyond* calculated inflation. A 70% increase in raw dollars, if you will. Are they selling 35% or even 70% fewer tickets for MNSSHP on any given night than they were in 2018 and 2019? Fewer, for sure, but 35% fewer? Maybe. 70% fewer? No way. (I'm in your corner on this, in case anyone was wondering
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LittleBuford
Well-Known Member
That’s fair. I suppose I was thinking of the increase since last year, which seems more or less in keeping with the current economic reality.
JMcMahonEsq
Well-Known Member
But how is that going against normal economic rules? At a basic level your prices are based upon what the market bears. So if in one year prices are X and the market buys 100% of what your selling, simple economics would have you raise your prices until you hit an inflection point where the price increase is no longer supported by the market. Clearly the graph and ticket sales is saying they haven’t hit that point yet.
Individuals here might think the price increase year over year is subjectively too much, but the market seems to differ.
ToTBellHop
Well-Known Member
Exactly. Where they were too aggressive is room rates—which is why they are heavily discounted now.
ToTBellHop
Well-Known Member
Wow.
Zummi Gummi
Pioneering the Universe Within!
Wow is right. I didn’t expect it to sell out before Memorial Day.
Fido Chuckwagon
Well-Known Member
Wow, that’s impressive.
MNSSHP is one of those things that Disney does really really well. I’m not surprised that they sell out every party, but boy that is early.
ToTBellHop
Well-Known Member
It wasn’t even on sale to the GP for a full week. Crazy.