inflation and recession It is on everyone’s mind today as people strive from every angle to save money on products and services.
consumer prices in september 8.2% YoY increase, but lower than the 8.3% recorded in August, the highest level in almost 40 years. Core prices, excluding food and energy, rose 0.6% in September from August, and 6.6% in the 12 months to September.
Those who keep track of costs are noticing price increases at grocery stores and other retailers, and even theme parks are pushing prices up.Disney’s (DIS) Walt Disney World contributes inflation as it is Increased the price of the Genie+ service By introducing a variable pricing system that allows the price to go up to $22 during the month of October while keeping the base price at $15. These prices are subject to change in the future.
at Disneyland Resort Genie+ service The company has increased prices from $20 to $25 per day and has also launched a variable pricing system, making it more expensive than Disney World. Theme park insider reportswhich may be higher on more popular days.
Food and drink prices increase at Disney theme parks
Disney World recently food and drink price increases, including alcoholic beverages served. Most price increases include 20 cents more for chicken strips at Columbia Harbor House, 30 cents more for Walt Chili All Beef Foot-Long Hot Dogs at Casey’s Corner, 50 cents more for Pecos Bill Cheeseburgers, and sometimes $1 more. It was as small as Homemade white sangria from Crystal Palace too. The price of a bottle of Be Our Guest Enchantée Champagne Brut increased from $79 to $85, making him one of the higher markups.
Disney World’s price hike appears to follow a price hike at the Disneyland Resort in August, with a $1 increase to 40 cents for a bottle of Coke, 50 cents for Dole Whip, and $12.99 for turkey legs. wdwnt.com.
However, to enjoy a cheeseburger, turkey leg, or a bottle of Coke at a Disney theme park, you must first enter the park. The cheapest ticket to enter Disney World’s Magic Kingdom, Epcot, Hollywood Studios, or Animal Kingdom is $109 on low-demand days and $164 on high-demand days. These days are usually Saturdays in the summer and some public holidays.
Disneyland ticket prices soar
Admission to Disneyland Resort’s iconic Disneyland or California Adventure stays at $104 ($5 cheaper than Disney World) on low-demand days for 1-Park 1-Day tickets, but Disney opens October 11 Soared day by day. Admission on high-demand days is up to $179, a 9% increase over the previous top ticket price of $164. Recall that this is higher than the CPI rise in September.
Those who want to visit both Disneyland Resort parks in one day with the 1-Day Park Hopper will pay a little more than they used to for the privilege of seeing both Disneyland and California Adventure. On a low demand day, the cheapest 1-day park hopper rose from $164 to $169. The high demand price for the day hopper is $244.
These price increases at Disneyland Resort show that, as recent history has shown, food, beverage and ticket price increases at Disneyland led to similar price increases at Disney World shortly thereafter. So it doesn’t bode well for Disney World prices.
https://www.thestreet.com/investing/disneyland-hikes-ticket-prices Disneyland raises ticket prices (Disney World awaits next step)