Ticket Prices to Increase 8/5/07 [Merged Threads]

[DizneyFreak2002]

it is a sign of a good economy; as wages grow

problem is, the economy still isn't that good or strong and wages are NOT going up for the little man, only the CEO's who can afford everything anyway..... The little man is being hurt by price increases because the cost of living does not equal their pay.....At this rate, everything will be for the rich and the middle class will be left out.... That is not a good economy, and that is not what a free society should be about....

[Red Randal]

Are you KIDDING me? It's like the gods are actually trying to stop me from going in October. First Southwest increases plane tickets $40 and now the DIsney tickets are going up.

I guess I better just buy them now.

[TheRustyScupper]

1) Let's see . . .
. . . Last Quarter Profits up 14%
. . . Last Quarter Revenue up 7%
. . . Next Year Ticket Prices to go up 6%

2) Almost makes sense to me.
3) In a Gordon Gekko "GREED IS GOOD" kind of way.
4) I might have to re-evaluate my past opinion of Eisner.
5) OK, so maybe not.

[Polynesian Dweller]

Seems to me I've heard a lot of the complaints every year. Every year Disney puts up its prices and every year on the various boards you get the comments about 'greed', 'only the rich can afford it', 'the little guy won't be able to go' etc. And every year people buy their tickets and go to Disney so none of the gloom occurs.

Ok, now to the real points of my post.

1. Every year Disney's cost go up. Some of it is in contractual agreements with staff that increase wages, some is in costs of contractors, suppliers, services etc. (remember the businesses that Disney buys from have cost increases and pass them along to Disney). Disney, like any business, will pass along the costs to its customers in the form of ticket increases.

2. A Disney trip, like any entertainment and vacation activity, is not a necessity of life. Its is, by definition, a luxury. You have to decide for yourself if what they are offering is worth it or not and whether its a spot where you will spend some of your available resources. So far, the evidence is that most people will.

3. The 7 day park hopper price increase works out to a little more than $2 per day. That won't break many banks.

So the price has gone up, nobody wants to pay more, but now that we know what it will cost in 2008 we can figure out how we are going to pay for it if we choose to do so.

[GrumpyFan]

"Ouch", says my pocketbook.

I find it a little bit interesting though, considering their recent financial reports. It's almost like their trying to push the prices to the point of seeing how far the market will allow. I know it's not a big increase, but still, it just seems to be getting a little on the excessive side, especially when you look at some of the other "minor" cuts their making in other places.

Don't get me wrong, I want to see the Disney Company be profitable, I am a shareholder myself. But, at the same time, I don't want to feel like I'm being sucked dry of all my finances to be able to take my family on a vacation at one of their parks. Disney already has an air about their parks by many that it's too expensive, and not affordable. I've tried to help show and tell people ways to save some money when going, but I'm starting to think that it's getting to the point of almost being too much. Time will tell, I guess.

There's another message thread on here talking about the "real" or hidden cost of Disney's Magical Express. Maybe this is just another way for them to recoup that cost. So, essentially, from an accounting perspective, DME will operate will zero cost, once all the numbers are in.

In the end, it sounds smart, from a corporate perspective at least. But, from a consumer perspective, it seems pretty harsh. Leaves me confused. I'm not sure if I like the price increase or not. Again, time will tell.

[mttafire]

problem is, the economy still isn't that good or strong and wages are NOT going up for the little man, only the CEO's who can afford everything anyway..... The little man is being hurt by price increases because the cost of living does not equal their pay.....At this rate, everything will be for the rich and the middle class will be left out.... That is not a good economy, and that is not what a free society should be about....

The current economy is the best since '86 as per gdp growth. Unemployment has been under 4.8 % longer now other than only 3 times in the last 80 years. As for the rest of your comments....complete non factual. However, I do respect you as a fellow Intercotee and have agreed with you many many times before.Even though i couldnt disagree more with your economic opinions on this thread. I've found that the standard of living one wants to acheive is entirely up to that person 100%. You cant make any excuses living in this Nation, There is WAY too many economic opportunities. Getting back to Disney though...If they lowered thier ticket prices; I would be worried. That would not be a sign of good health "company wise"

[mttafire]

Seems to me I've heard a lot of the complaints every year. Every year Disney puts up its prices and every year on the various boards you get the comments about 'greed', 'only the rich can afford it', 'the little guy won't be able to go' etc. And every year people buy their tickets and go to Disney so none of the gloom occurs.

Ok, now to the real points of my post.

1. Every year Disney's cost go up. Some of it is in contractual agreements with staff that increase wages, some is in costs of contractors, suppliers, services etc. (remember the businesses that Disney buys from have cost increases and pass them along to Disney). Disney, like any business, will pass along the costs to its customers in the form of ticket increases.

2. A Disney trip, like any entertainment and vacation activity, is not a necessity of life. Its is, by definition, a luxury. You have to decide for yourself if what they are offering is worth it or not and whether its a spot where you will spend some of your available resources. So far, the evidence is that most people will.

3. The 7 day park hopper price increase works out to a little more than $2 per day. That won't break many banks.

So the price has gone up, nobody wants to pay more, but now that we know what it will cost in 2008 we can figure out how we are going to pay for it if we choose to do so.

100% agreed, VERY WELL put!!

[lindique]

Anyone know how much annual passes are going up?

[Catzle]

So a 7 day pass is going up approx. $20 a person. Is this correct?, if so to me that seems high to me. I could see a $5-$10 increase for a 7 day pass but over that I think is just too much.

[TikiGoddess]

I just priced tickets for me and my two girls (DH has a ticket already). For 10 day tickets (no expiration) it would be around $1200. I decided not to buy them now, since our next trip won't be until 2009 most likely (maybe one day next year). I can have that $1200 sitting in my bank account accruing 5% interest rather than locked up in tickets.

Please tell me that sounds logical!
TikiG

[Crow]

cant trade mine up. just asked Karen at MJ and since im paid off there would b a change fee. i was thinkin about getin an AP now in case i get back in Dec/Jan but...
dont have the $$ anyway now....so i will have to deal w it when i decide if i will b back...theres always Tokyo DIsney.....

[Catwillow]

I just priced tickets for me and my two girls (DH has a ticket already). For 10 day tickets (no expiration) it would be around $1200. I decided not to buy them now, since our next trip won't be until 2009 most likely (maybe one day next year). I can have that $1200 sitting in my bank account accruing 5% interest rather than locked up in tickets.

Please tell me that sounds logical!
TikiG

Sure it makes sense. That way by the time the 2008 & 2009 increases hit your interest will have accrued enough that it won't "break your bank" when you go to withdrawl the money for your tickets...

[DisneyAddict62]

I just came back from our local Disney Store and they didn't know anything about the increase! I told them, they will soon!!

[Eeyore's My Favorite]

Had heard rumblings that the prices were going to increase so I ran to our local AAA office and purchased our Florida Residents Seasonal Passes on Wednesday. Now I'm glad I did!!! At least when we get there in September I won't have to put out anymore money!!

[Clarabelle Cow]

Does this price increase effect people who already have packages booked? We are booked for a trip Nov.8-16th. Will this change our package price?

I am wondering this too. Anyone have the answer?

[angedeaile]

I am wondering this too. Anyone have the answer?

It stays the same. I read the little writing on my comfirmation paper regarding my room only reservation for January.

"RATE REVISIONS: Room rates and package rates for arrivals on or prior to December 31, 2008, are guaranteed as long as your reservation is not changed. For arrivals after December 31, 2008, deposits or prepayments guarantee room availability only, andrate and package components have not been determined and are subject to change without notice."

So, if you booked your package and don't change anything or rebook....you will be fine.

[wizardmickey]

Well, I've done this before when the big ticket increase scare was announced, and I've done it again;
2-10 Day Park Hopper/No Expiration Tickets before the deadline:
Subtotal: $871.18
Shipping & Handling: $3.00
Total: $874.18
We still have days left over from our last trip, so unless we just manage to get away multiple times next year, we are set for maybe 2 trips!
I have to wonder now: What if Disney deliberately announces these price increases forcing people like myself to run out and by tickets before the prices increase, therefore driving up ticket sales & then causing profit reports to also look better by the end of the year?

[Red Randal]

Well, I went out and bought a 2 day park hopper just in case somebody decides to accompany me to the 10th Anniversary in October. If not, then I've got some lower cost tickets for whenever I go again.

[disneydude1]

I just came back from our local Disney Store and they didn't know anything about the increase! I told them, they will soon!!

The cast members at Disney Stores have been informed that our ticket prices will be going up on August 8th, so you can still get cheaper tickets at the Disney Store for a few more days. All Disney Store cast members know of the price increase, however we are being highly encouraged to not let guests know of the price increase until it happens.

[DisneyDudet]

When I heard about the increase yesterday, I went ahead and I bought our tickets for October. Total, for 3 5 day Park Hoppers, we paid $788.97. That includes shipping.

If I had waited and not paid attention, I would now have to pay $833.70. That is a $44.73 savings. It was a matter of hours. Thats a meal or a nice souvie or something.

Man, good thing I'm obsessed and get emails from various Disney planning sites... and check the News forum all the time... otherwise we would have been kicking ourselves!!!