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DanielSiah
2023-10-15

Great ariticle, would you like to share it?

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

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?

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

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DanielSiah
·2023-10-16
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At Disneyland, ticket prices rose by $5 to $65, and annual passes increased by 3.1% to 21.5%. </p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4a5876805491cd4d7e68a3f82a048b9f\" tg-width=\"266\" tg-height=\"190\"></p><p>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 $60 billion investment plan for its theme parks. </p><p> <a data-mention-id=\"DIS\" class=\"teditor-mention\" data-mention-name=\"Walt Disney\" href=\"https://ttm.financial/S/DIS\">$Walt Disney(DIS)$</a> stock price is sluggish since the company announces $60 billion investment plan for its theme parks. </p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/005f1a3ca11fe7fb0a0fca9427f8a9aa\" tg-width=\"560\" tg-height=\"240\"></p><p>Analysts remain cautious about the impact on demand and margins amid inflation. 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