NearTheEars
Well-Known Member
There is a new, and pricey, upgrade option that adds park hopping, water parks, mini golf and a few other things to tickets.
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Ticket Price Increase starts this Sunday!
- Thread starter Rteetz
- Start date
There is a new, and pricey, upgrade option that adds park hopping, water parks, mini golf and a few other things to tickets.
Who knows.
As long as pricing can counter decline in revenue. But they will hit a point when that's no longer possible.
Katie G
Well-Known Member
You can still by 1-day water park tickets which let you into both water parks on the same day or you can add Park Hopper Plus to your ticket which gives you park hopper access and the previously named water park fun and more stuff. As to price, the new park hopper plus is only $15 more than park hopping so you get quite a bit for just $15 more.
Nemo14
Well-Known Member
Dad 2 M & M
Well-Known Member
Keep in mind a change in price moves along the existing Demand, curve, and changes the Quantity Demanded (Price Elasticity of Demand). Wait until the Studios Lands and other enhancements are complete shifting the Supply Curve (sort of), they will really start playing with prices...followed by a shift Demand Curve.....new equilibrium, etc.....
I was going to mention the old supply/demand curve.....
Surely someone at Disney understands it.
Never thought I'd have a discussion about ticket pricing at Disney that would involve basic economic theory....
ford91exploder
Resident Curmudgeon
But will the company last that long to actually get to the point where they have new supply as all the companies efforts and cash have been spent along the lines of optimizing the stock price
Dad 2 M & M
Well-Known Member
Heard that...Your.. Surely someone at Disney understands it......from above...ya think? They completely manipulate economic theory. One, and I say ONE of the reasons Disney is so successful is they combine Economics with Marketing and Psychology. I always thought Marketing and Psychology had limited use, but realize I couldn't be more wrong...
My post was "basic economic theory" and could be easily dissected by anyone who has taken either of the two 2000 Level Micro or Macro classes.....those two classes should be part of ANY sophomore core for ANY Major......
Well done
Okay, a few of us (me included) have taken the discussion a little off base....
Given the upward trend of ticket prices (thanks @wdisney9000 for the review of prices...would love to see those figures adjusted for inflation to get a true picture), what can we expect over the next two years? A reasonable 2% - 3% annual increase? Or a huge spike in 2019 as two big projects come on line and that increase in P&R, especially PO&M, must be covered?Or something other than attendance starts to drop. The indicator the BoD cares about. And will make a CEO pay for....
Just thinking.
Given the upward trend of ticket prices (thanks @wdisney9000 for the review of prices...would love to see those figures adjusted for inflation to get a true picture), what can we expect over the next two years? A reasonable 2% - 3% annual increase? Or a huge spike in 2019 as two big projects come on line and that increase in P&R, especially PO&M, must be covered?Or something other than attendance starts to drop. The indicator the BoD cares about. And will make a CEO pay for....
Just thinking.
I don't think Disney is in any danger of declaring bankruptcy over the next two years.... They still have a product people want.
Dad 2 M & M
Well-Known Member
Good question....will the company actually get to new supply....I say "yes".....and you are pointing out my example is in the Economic Short Term, and (the example) didn't consider the Economic Long Term; good catch.
Moving on to Finance.....optimizing stock price is the expectation of any Finance department...THAT department is REALLY earning it's keep...
Oh, I agree about macro and micro. Along with a personal finance course. Hell, a basic finance course should be required in HIGH SCHOOL.
Oh, marketing IS applied psychology. That they teach you in principles of marketing that a red Volkswagen is a different product than a yellow Volkswagen says it all.... The consumer was screwed the day Madison Avenue met Skinner....
Dad 2 M & M
Well-Known Member
They will always have a product people want.....somebody will still go.....and tweaks will keep coming.....beneficial tweaks to guests will be realized when the/a hit to the bottom line is sustained....I don't think Disney is in any danger of declaring bankruptcy over the next two years.... They still have a product people want.
ford91exploder
Resident Curmudgeon
Yes yes it is indeed
That's lesson 101 in B school - keep the owners happy!
ford91exploder
Resident Curmudgeon
Disneys price increase just hit Drudge cats out of the bag now
I'll wait to see if WSJ has anything to say....
ford91exploder
Resident Curmudgeon
It's gonna get a lot of eyeballs regardless