WDW to Raise All Buffet Prices By Almost 50%?

xdan0920

Think for yourselfer
This is not true. There's more to running a business than memorizing Profit Motive. The customer experience is critically important. Disney made it a priority for decades which is why it has a customer base that is willing to pay whatever they charge today. But if they continue picking their guests pockets with impunity, they will find that short-term thinking has cost them in the long run.
Oh, I know. I was being facetious. There was those snack threads a few weeks ago wherein many folks were telling us TDO has a right, and more then that a shareholder responsibility to price gouge guests.
 

ford91exploder

Resident Curmudgeon
Oh, I know. I was being facetious. There was those snack threads a few weeks ago wherein many folks were telling us TDO has a right, and more then that a shareholder responsibility to price gouge guests.

The funny thing is the maximize shareholder value meme came from the junk bond King and convicted criminal Michael Miliken

Businesses operated profitably before then by simply making a consistent profit growth was considered nice but consistency was more valuable
 

asianway

Well-Known Member
Along with the float let's also not forget Disney profits from unused DDP credits too. I would love to know how many Dining Plan credits go unused in any given day, month or year at WDW. Unused Dining Plan credits are pure profit for Disney. So between the float that @ford91exploder mentioned and the money made of off unused credits they make a fortune, and that's not even counting the profit they make when you actually USE the credits! I really think Disney management laughs at us every day.
A ton. Think about it - a 10 day trip, family of 4, and a plan that requires you to almost game the system to come out ahead? Skip one sit down and not make it up - you lose.

Dad comes down with the stomach flu and does eat much for 3 days? You lose

Decide to go off property due to finding out about an interesting restaurant? You lose

Hoard snack credits then realize you cant possible eat them all the last three days? You lose

Use up said snack credits on a 72 credit orgy at Goofys Candy Co to take home wrapped goods? You still lose. No, you wouldnt have bought it anyway.


Remember when we were up in arms about losing the prime rib?
 

CJR

Well-Known Member
The funny thing is, for the time it often takes to get seated (even with a reservation, in some cases), you could go eat off property, get a bigger portion, for over half the price. Of course, but then, it's not Disney magic.

In my opinion, the very most magical thing about Disney is how people are OK waiting so long for food, paying insane prices for the food, can sometimes have trouble hearing the people sitting at their own table, and still go home and say on social media that they had a great time. That is true magic right there.
 

Daveeeeed

Well-Known Member
Disney is purposefully trying to lower attendance which sounds crazy, but they raised the prices so much and with everything too, so that there won't be as high waits, as many people that you feel like you are going to be squashed, and to take people away from peak times. And they make even a larger profit as it is offset by the extra money per ticket. And as there are less people obviously there's going to be less people at the hotels, but it only fell by 1%, while guest spending per room is up by 5%, so Disney is actually making more money now that there is not a gain in attendance. I think the parks are just going to receive a smaller gain like .6% or 1% I don't see them all slightly falling in attendance, but it really doesn't make that big of a difference because they are making much more with equal or even less people. They're trying to take people away from the Magic Kingdom and spread them out to the other parks. That's why New Fantasyland was just for capacity not new people. Animal Kingdom is to attract new people. They'll be more than happy if they can take people away from the Magic Kingdom if they go to the other Disney parks. So I doubt all the buffets will have a rise, but just some. Probably mainly in The Magic Kingdom & Chef Mickey's. But still they're trying to have a much higher guest spending per person, and have less people which so far has been working well.
 

Daveeeeed

Well-Known Member
A ton. Think about it - a 10 day trip, family of 4, and a plan that requires you to almost game the system to come out ahead? Skip one sit down and not make it up - you lose.

Dad comes down with the stomach flu and does eat much for 3 days? You lose

Decide to go off property due to finding out about an interesting restaurant? You lose

Hoard snack credits then realize you cant possible eat them all the last three days? You lose

Use up said snack credits on a 72 credit orgy at Goofys Candy Co to take home wrapped goods? You still lose. No, you wouldnt have bought it anyway.


Remember when we were up in arms about losing the prime rib?
The Disney Dining Plan has always been a way for Disney to make more money. They wouldn't do it if that would not be the case. Same with DVC, it takes like 20 something years for that to be worth it for the buyer, yet Disney still comes out on top as they have a confirmed amount of cash. Disney Dining Plan is like Insurance for Disney. If one family would use it it wouldn't be worth it, but when you have so many people many are bound not to use at least a couple of meals that paired with the fact that you already have so many meals prepaid for.
 

ford91exploder

Resident Curmudgeon
That 50% sounds suspiciously too high and far fetched...I wouldn't pay for more than a $5- $10 increase at this time. That is also depending on the buffet.

It depends on the Buffet, Many Buffet's are already in the Mid-High 40's so the percentage increase there is only 15% or so, But trails end actually would be a 100% increase as it's only 29.95 now so I think what's being said is over all the buffet's the average increase is 50% assuming a 59.99 pricetag for adults.
 

asianway

Well-Known Member
Someone, not sure who yet, is going to come in here and tell you that you're the reason that Disney HAS TO raise buffet prices. Watch and see. It's coming.
Here was the official spin on removing the Prime Rib:

The official, company line is that the switch was made for aesthetic reasons. Lenny DeGeorge told me that prime rib is not meant to be cut into small slices, which is how people in a buffet situation request it. He says they want smaller portions because they're sampling a lot of different things and don't want to fill up on just prime rib. And when cutting small pieces you can get a lot of fat.
 

asianway

Well-Known Member
The Disney Dining Plan has always been a way for Disney to make more money. They wouldn't do it if that would not be the case. Same with DVC, it takes like 20 something years for that to be worth it for the buyer, yet Disney still comes out on top as they have a confirmed amount of cash. Disney Dining Plan is like Insurance for Disney. If one family would use it it wouldn't be worth it, but when you have so many people many are bound not to use at least a couple of meals that paired with the fact that you already have so many meals prepaid for.
You obviously never did the dining plan 10 years ago. You could easily come out ahead without trying hard at all.
 
Does anyone know what % of visitors use the dinning plan? Or what % use the "Free" dining plan?

Just wondering if the new increases in price/dinning credits will drive people away from "free" dinning, which isn't free but that's another subject. Or will it actually increase the people purchasing the "free" dining since no one will be able to go out of pocket?

Trying to determine how this will effect the availability of restaurants on property if it will at all.
 

bugsbunny

Well-Known Member
You obviously never did the dining plan 10 years ago. You could easily come out ahead without trying hard at all.

Yes, those were the days when it was in its infancy. Appetizer, meal, dessert, AND 18% gratuity all built into the DDP. And it was like $35/adult/day for one table, one quick, and one snack. And pretty much all the good restaurants but a few were 1 table service.

The servers all complained that the fixed gratuity was bad for them so that was negotiated. That came off and then the appetizer. And the price went up like $5/day. So lost 20% of the value and now it costs $5 more a day? Then Disney tightened up the menus by shrinking them and consolidating what cuts of meat were available across restaurants, etc. Raise the prices a little more and that's when it really became a cash cow for them.

The price has essentially doubled in 10-12 years, has reduced value, reduced menus, and somehow people think that paying ahead for $2000 worth of food is a great deal! If you knew what you use to get or break out that you are spending 4 months worth of grocery money for 1 weeks worth of WDW food, you can see it's just not anything more than a cash cow for WDW.
 

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