Will higher theme park prices drive $DIS up or not?

2023-10-13

Disney has raised theme park prices, with annual passes at Walt Disney World increasing by $30 to $50 and parking fees going up by $5. At Disneyland, ticket prices rose by $5 to $65, and annual passes increased by 3.1% to 21.5%.

Despite the price hikes, Disney plans to improve the guest experience by reintroducing all-day park hopper access and adding new rides. The move follows Disney's $60 billion investment plan for its theme parks.

$Walt Disney(DIS)$ stock price is sluggish since the company announces $60 billion investment plan for its theme parks.

Analysts remain cautious about the impact on demand and margins amid inflation. Disney's parks business, crucial to its revenue, beat expectations with $8.33 billion in the latest quarter.

Will the price hike offset the negative impacts brought by $60 bln investment plan?

Or will less tourists choose Disney theme park with higher price?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

setia100
2023-10-15
setia100
DIS stopped paying dividends since COVID started ❗Bob Iger has to raise theme park prices to pay dividends ❓🤔
Sonsonkok
2023-10-15
Sonsonkok
Great ariticle, would you like to share it?
Ye Myint
2023-10-14
Ye Myint
Great ariticle, would you like to share it?
ChaoAhBeng
2023-10-14
ChaoAhBeng
Great ariticle, would you like to share it?
highhand
2023-10-16
highhand
drive DIS price up? sounds like a fairy tale
missmhairib
2023-10-15
missmhairib
Great ariticle, would you like to share it?

Leave a comment

3209

2051

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":230090106523776,"tweetId":"230090106523776","gmtCreate":1697200959143,"gmtModify":1697200968343,"author":{"id":9000000000000522,"idStr":"9000000000000522","authorId":9000000000000522,"authorIdStr":"9000000000000522","name":"Tiger_chat","avatar":"https://community-static.tradeup.com/news/57276a3cb24e4dcb6ae9d7b36c274097","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":0,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.11.24","individualDisplayEnabled":1,"backgroundColor":{"dark":"#675a37","tint":"#f9ebc2"},"fontColor":{"dark":"#ffffff","tint":"#ab7a0e"}}],"fanSize":1199,"starInvestorFlag":false},"themes":[],"images":[{"img":"https://community-static.tradeup.com/news/4a5876805491cd4d7e68a3f82a048b9f","width":"266","height":"190"},{"img":"https://community-static.tradeup.com/news/005f1a3ca11fe7fb0a0fca9427f8a9aa","width":"560","height":"240"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/4a5876805491cd4d7e68a3f82a048b9f","width":"266","height":"190"}],"title":"Will higher theme park prices drive $DIS up or not?","html":"<html><head></head><body>Disney has raised theme park prices, with annual passes at Walt Disney World increasing by $30 to $50 and parking fees going up by $5. At Disneyland, ticket prices rose by $5 to $65, and annual passes increased by 3.1% to 21.5%. <img src=\"https://community-static.tradeup.com/news/4a5876805491cd4d7e68a3f82a048b9f\" tg-width=\"266\" tg-height=\"190\">Despite the price hikes, Disney plans to improve the guest experience by reintroducing all-day park hopper access and adding new rides. The move follows Disney's $60 billion investment plan for its theme parks. <a data-mention-id=\"DIS\" class=\"teditor-mention\" data-mention-name=\"Walt Disney\" href=\"https://ttm.financial/S/DIS\">$Walt Disney(DIS)$</a> stock price is sluggish since the company announces $60 billion investment plan for its theme parks. <img src=\"https://community-static.tradeup.com/news/005f1a3ca11fe7fb0a0fca9427f8a9aa\" tg-width=\"560\" tg-height=\"240\">Analysts remain cautious about the impact on demand and margins amid inflation. Disney's parks business, crucial to its revenue, beat expectations with $8.33 billion in the latest quarter.Will the price hike offset the negative impacts brought by $60 bln investment plan?Or will less tourists choose Disney theme park with higher price?</body></html>","htmlText":"<html><head></head><body>Disney has raised theme park prices, with annual passes at Walt Disney World increasing by $30 to $50 and parking fees going up by $5. At Disneyland, ticket prices rose by $5 to $65, and annual passes increased by 3.1% to 21.5%. <img src=\"https://community-static.tradeup.com/news/4a5876805491cd4d7e68a3f82a048b9f\" tg-width=\"266\" tg-height=\"190\">Despite the price hikes, Disney plans to improve the guest experience by reintroducing all-day park hopper access and adding new rides. The move follows Disney's $60 billion investment plan for its theme parks. <a data-mention-id=\"DIS\" class=\"teditor-mention\" data-mention-name=\"Walt Disney\" href=\"https://ttm.financial/S/DIS\">$Walt Disney(DIS)$</a> stock price is sluggish since the company announces $60 billion investment plan for its theme parks. <img src=\"https://community-static.tradeup.com/news/005f1a3ca11fe7fb0a0fca9427f8a9aa\" tg-width=\"560\" tg-height=\"240\">Analysts remain cautious about the impact on demand and margins amid inflation. Disney's parks business, crucial to its revenue, beat expectations with $8.33 billion in the latest quarter.Will the price hike offset the negative impacts brought by $60 bln investment plan?Or will less tourists choose Disney theme park with higher price?</body></html>","text":"Disney has raised theme park prices, with annual passes at Walt Disney World increasing by $30 to $50 and parking fees going up by $5. At Disneyland, ticket prices rose by $5 to $65, and annual passes increased by 3.1% to 21.5%. Despite the price hikes, Disney plans to improve the guest experience by reintroducing all-day park hopper access and adding new rides. The move follows Disney's $60 billion investment plan for its theme parks. $Walt Disney(DIS)$ stock price is sluggish since the company announces $60 billion investment plan for its theme parks. Analysts remain cautious about the impact on demand and margins amid inflation. Disney's parks business, crucial to its revenue, beat expectations with $8.33 billion in the latest quarter. Will the price hike offset the negative impacts brought by $60 bln investment plan? Or will less tourists choose Disney theme park with higher price?","highlighted":2,"essential":2,"paper":2,"likeSize":3209,"commentSize":15,"repostSize":2051,"favoriteSize":0,"link":"https://ttm.financial/post/230090106523776","repostId":0,"isVote":1,"tweetType":1,"viewCount":43479,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["DIS"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":753,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":106539937,"commentId":"106539937","gmtCreate":1697323852175,"gmtModify":1697323860383,"authorId":3567852837945728,"author":{"id":3567852837945728,"idStr":"3567852837945728","authorId":3567852837945728,"name":"setia100","avatar":"https://community-static.tradeup.com/news/5d07af59743ad001196b7aca5f1726d7","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":230090106523776,"objectIdStr":"230090106523776","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"DIS stopped paying dividends since COVID started ❗Bob Iger has to raise theme park prices to pay dividends ❓🤔","text":"DIS stopped paying dividends since COVID started ❗Bob Iger has to raise theme park prices to pay dividends ❓🤔","html":"DIS stopped paying dividends since COVID started ❗Bob Iger has to raise theme park prices to pay dividends ❓🤔","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":230562848796928,"commentId":"230562848796928","gmtCreate":1697331646702,"gmtModify":1697331653082,"authorId":4102377969591930,"author":{"id":4102377969591930,"idStr":"4102377969591930","authorId":4102377969591930,"name":"Sonsonkok","avatar":"https://static.tigerbbs.com/cd822e55715284365189b1f1b3f09ec8","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.09.08","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":230090106523776,"objectIdStr":"230090106523776","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","html":"Great ariticle, would you like to share it?","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":230422836371504,"commentId":"230422836371504","gmtCreate":1697297695436,"gmtModify":1697297708091,"authorId":4128664987514912,"author":{"id":4128664987514912,"idStr":"4128664987514912","authorId":4128664987514912,"name":"Ye Myint","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"44212b71d0be4ec88898348dbe882e03-1","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Boss Tiger","description":"The transaction amount of the securities account reaches $100,000","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.05.14","exceedPercentage":"60.94%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1101},"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":230090106523776,"objectIdStr":"230090106523776","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","html":"Great ariticle, would you like to share it?","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":230417121526016,"commentId":"230417121526016","gmtCreate":1697296068753,"gmtModify":1697296075161,"authorId":4100150738995810,"author":{"id":4100150738995810,"idStr":"4100150738995810","authorId":4100150738995810,"name":"ChaoAhBeng","avatar":"https://static.tigerbbs.com/598acb5cc1e802039917a8b36030c1b7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":230090106523776,"objectIdStr":"230090106523776","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","html":"Great ariticle, would you like to share it?","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":106540290,"commentId":"106540290","gmtCreate":1697434764082,"gmtModify":1697434771988,"authorId":4096093486770560,"author":{"id":4096093486770560,"idStr":"4096093486770560","authorId":4096093486770560,"name":"highhand","avatar":"https://community-static.tradeup.com/news/200574f2d0554f4c05c65c156ddc6e73","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":230090106523776,"objectIdStr":"230090106523776","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"drive DIS price up? sounds like a fairy tale","text":"drive DIS price up? sounds like a fairy tale","html":"drive DIS price up? sounds like a fairy tale","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":230642207694984,"commentId":"230642207694984","gmtCreate":1697350921267,"gmtModify":1697353988040,"authorId":4160364669312232,"author":{"id":4160364669312232,"idStr":"4160364669312232","authorId":4160364669312232,"name":"missmhairib","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.19","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":230090106523776,"objectIdStr":"230090106523776","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","html":"Great ariticle, would you like to share it?","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/230090106523776"}