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Disney World Introducing $150 Paid After Hours Event At Magic Kingdom

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(@kdilkington)
Posts: 5
INTERCOT Guest
 

Now that we know the park is limited to 3000 guests I would totally do this. I haven't been to WDW since they started the magic band system because I hate the idea of having to plan everything including rides in advance. If I could spend one night in MK without the need for fast pass then it's well worth it. Of course it's only a matter of time before the 3000 limit becomes 10000.

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Posted : April 28, 2016 10:38 pm
(@Tekneek)
Posts: 451
Senior Cast Member
 

kdilkington;2483740 wrote: Of course it's only a matter of time before the 3000 limit becomes 10000.

If they desire to find that price point, they will surely get there. As others have surmised, the impression is that by having to give tickets away and offer discounts to DVC/AP holders, this new program is a flop. My hunch is they will abandon it completely, but there is a chance they will try to find a price point that regularly sells all 3000 for each "selected date" (which might become many more, reducing the hours previously available to regular park goers eventually).


 
Posted : April 29, 2016 12:04 am
(@vwl-mom)
Posts: 2541
Staff Member Moderator
 

Tekneek;2483713 wrote: Which still feels like a scam to me. If I paid $749 for an AP, why would I spend $75 for some extra hours on one night?

DVC AP renewal is under $500 and this will be our third trip on our pass so we've decided to spend the extra money. IMO MK has been very crowded since DHS is basically shut down, May & October were hot which made things worse, January was so cold but still had long waits. Being able to be in the park with low crowds is just something I couldn't resist and I don't even go on most of the rides but I plan on soaking it all in. People routinely pay extra for the parties and such which is never questioned and those are packed to the gills. Different strokes for different folks.

I think the original price point was a bit high but probably would have been a better sell if released in the summer when it's extremely hot and super crowded.


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Posted : April 29, 2016 5:34 am
(@mickeyman42)
Posts: 75
Cast Member
 

as a DVC member I would pay $75 for this for a night, but I can't see this extended beyond the announced dates so for us its a moot point as we wont be back until Aug. at $75 its kind of like going to a holiday party, but not getting to do any of the specific party things........so just like going to the parties!


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Posted : April 29, 2016 6:07 am
(@Tekneek)
Posts: 451
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VWL Mom;2483748 wrote: \People routinely pay extra for the parties and such which is never questioned and those are packed to the gills.

As the price has gone up (and seems like the number of tickets sold per party have been going up as well), people have complained more about the actual value of the parties. The last time I attended one, the waits were not much better than non-party. At this point, the parties are all about the party-specific parades/extras and not a chance to get some great ride time. I don't find them to have the value they once had and probably won't ever attend another.


 
Posted : April 29, 2016 10:12 am
(@ChipNDale79)
Posts: 42
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Polynesian Dweller;2483715 wrote: Yep. It's wrong. Why would it be a point of joy that they lose money and so don't invest in the park. Not something I'd be cheering.

Besides, if one is a true Disney fan why would you get glee out of failure and second why does an optional activity matter that much too you.

They've been making money hand over fists the past few years, and not until they have been forced to spend money on the parks have they finally decided to.

All of us here are huge fans, but we're also consumers. Consumers that are paying more and more for a product that hasn't really improved. So the failure of this is a good thing for the consumer.

We have to force disney to do better, we all know they can.


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Posted : April 29, 2016 4:57 pm
(@DizneyRox)
Posts: 511
Senior Cast Member
 

h++p://www.themeparktourist.com/news/20160427/31907/failed-experiments-walt-disney-world

Making news. Of course it could just be people reveling in their failure.

Of course the discount is because it's not popular. They can't afford to open with only 300 people paying. If they can get 1000 at 1/2 price, it's still closer to breaking even than 300 at full price. I'm sure they are trying to decide if the PR flak for cancelling all together is worse that grasping at straws to break even. They aren't in the business of losing money...


 
Posted : April 29, 2016 8:27 pm
 Ian
(@ian)
Posts: 274
Staff Member Admin
 

This one particular event may be a failure, at least from where we're sitting now, but I can tell you first hand the parks are still absolutely jam packed to the gills. Every year we go the parks are just a bit more crowded than the year before.

Whatever they're doing and whatever we, the hardcore fans might think of it, it really doesn't matter ... until the time comes when the parks aren't absolutely teeming with paying guests nothing is going to change.

And even if attendance does drop I think we'll see it go the other way ... more cuts not less. The only thing at this point that can fix the problem is a complete and total replacement of the company leadership with a creative/customer focused group. And really why would the Board want that? The fiscals have been at historic highs for a decade now.


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Posted : May 1, 2016 10:32 am
 Ian
(@ian)
Posts: 274
Staff Member Admin
 

Look at this five year ... what possible incentive is there to change anything?


Ian ºOº
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Posted : May 1, 2016 10:35 am
(@baldburke)
Posts: 1229
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Ian;2483859 wrote: Look at this five year ... what possible incentive is there to change anything?

It may seem like Disney is throwing anything and everything at the wall to see what sticks, but with Disney Shanghai opening next month the house of mouse should easily add an extra billion (full year) in sales to improve cash flow. Have patience, their plan is solid.


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Posted : May 1, 2016 1:49 pm
(@1disneynut)
Posts: 689
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Ian;2483859 wrote: Look at this five year ... what possible incentive is there to change anything?

Do keep in mind that the 5 year stock price graph carries you back to the low point in the height of the recession. A lot of that upwards momentum is basically just the return of the economy. It basically mimics the DOW. You now see that in the last year and a half it has leveled out and started a sideways trend. I believe investors also realize they have just about milked the cow to death.

Who really knows if Shanghai is going to be an immediate success or not. It may boom but then China is on the brink of their own massive recession which could result in this park being a cash eating machine. Only time will tell.


 
Posted : May 1, 2016 3:50 pm
(@mrte62)
Posts: 168
Cast Member
 

1DisneyNut;2483889 wrote: Do keep in mind that the 5 year stock price graph carries you back to the low point in the height of the recession. A lot of that upwards momentum is basically just the return of the economy. It basically mimics the DOW. You now see that in the last year and a half it has leveled out and started a sideways trend. I believe investors also realize they have just about milked the cow to death.

Who really knows if Shanghai is going to be an immediate success or not. It may boom but then China is on the brink of their own massive recession which could result in this park being a cash eating machine. Only time will tell.

Unfortunately, investors, the board and senior management do not believe the cow has been fully milked. IMHO, there will be more premium events, service cuts and price increases coming and at an even faster pace. And until there are concrete signs that revenue is being impacted, these things will not let up.


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Posted : May 1, 2016 5:12 pm
(@1disneynut)
Posts: 689
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mrte62;2483896 wrote: Unfortunately, investors, the board and senior management do not believe the cow has been fully milked. IMHO, there will be more premium events, service cuts and price increases coming and at an even faster pace. And until there are concrete signs that revenue is being impacted, these things will not let up.

Investors are always 2 steps ahead. They run the price up on the anticipation and sell running the price down on the news. I wouldn't touch Disney with a 10 ft. pole right now for a long position but we will see.


 
Posted : May 1, 2016 6:27 pm
(@RBrooksC)
Posts: 140
Cast Member
 

Polynesian Dweller;2483715 wrote: Yep. It's wrong. Why would it be a point of joy that they lose money and so don't invest in the park. Not something I'd be cheering.

Besides, if one is a true Disney fan why would you get glee out of failure and second why does an optional activity matter that much too you.

I have been saying the same thing. I somehow think it is party sour grapes. I have no problem with any of these premium events. As I have said, NOTHING is being taken away from the normal guest.

I don't see this much complaining when the MK closes early for the Halloween or Christmas Party and during those events those who don't pay for the hard ticket price are required to leave the park at 7 PM. At least with this, the average park goer can enjoy the park until 11 PM before having to exit.


 
Posted : May 2, 2016 8:24 am
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