Disney World increases ticket prices for second time in a year

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(CNN) If you’re planning to visit Walt Disney World in 2023, you can still buy next year’s tickets at the current price until December 8. That’s when prices on many types of tickets will increase, including single-day tickets, multi-day passes and annual pass renewals.

The company’s resort in Orlando, Florida, has already raised ticket prices in February, making it the second time in a calendar year that entry to “the world’s most magical place” has become more expensive.

A Disney spokesperson said this was driven by continued strong demand and significant investment across the company’s theme parks in recent years.

The current price for a one-day, one-park ticket is between $109 and $159, depending on demand. But starting December 8th, that list will now depend on the park you choose to visit. Three of the four theme parks will be more expensive to visit, with Magic Kingdom and Disney’s Hollywood Studios both seeing more than 12% increases.

Starting December 8, single day, single park tickets will be:

Disney’s Animal Kingdom: $109-$159 (same list as today)

Disney’s Hollywood Studios: $124-$179

EPCOT: $114-$179

Magic Kingdom Park: $124-$189

Those who purchase such one-day tickets, without a park hopper, will not be required to reserve the park that day. Park reservations are still required for all other ticket types.

Ticket prices vary

Disney notes that the high-end one-day, one-park ticket, $189, is only valid at the Magic Kingdom for nine days around the week of Christmas through New Year’s when crowds are at their peak. Magic Kingdom is the most visited park in the world and the most popular of the four parks at Walt Disney World.

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Currently, Magic Kingdom park reservations are no longer available for Christmas Eve, Christmas Day and New Years 2022.

Don Munsil, president and co-owner of Mouse Savers Inc., a website that tracks discounts and prices at Disney parks, said Disney’s Hollywood Studios is the most popular park, largely because of Star Wars Galaxy’s Edge.

He said the price change per park is about demand management.

“Their bottleneck is always the Magic Kingdom. A lot of people want to come to the Magic Kingdom. And Disney would really like to make people spread out and try other parks. And they’ve tried to keep the prices the same. It kind of shows that they’re all good. But I don’t understand if anyone ever buys that idea,” he said.

Munsil said that perhaps lower one-day rates at other parks will attract people to them.

Prices will also increase for multi-day tickets, but a Disney spokesperson did not provide specific pricing details.

“We continue to focus on providing guests with the best, most memorable Disney experiences, and we’re doing that by growing our theme parks with new attractions and offerings,” the spokesperson said.

“We’re also making planning easier with new 1-day tickets that automatically include guest park reservations and continue to offer a variety of visitor options throughout the year, including our lowest-priced $109 ticket that hasn’t changed in over four years.”

The $109 ticket is valid only at Animal Kingdom and will be available at 20 days of the year, during low-crowded season. These tickets are most available on weekdays in late August and September.

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Those looking to hop between parks on the same day will see the “park hopper” price vary by day. Beginning December 8, there will be days when park passes will remain $65, but other days will see higher prices.

Annual pass prices are increasing

Prices for most Walt Disney World annual pass renewals are also going up. Starting December 8, three of Walt Disney World’s four annual passes, which are currently only available for renewal, will increase in price by up to $100.

The Disney Pixie Dust Pass price will remain the same: $399. New promotions are currently available on the Pixie Dust Pass.

A new ad has been set up for Incredi-Pass, Sercerer Pass and Pirate Pass. But the prices are going up as follows: Incredi-Pass will go up by $100 to $1,399; The Wizard will go up by $70 to $969; and the Pirate pass will increase by $50 to $749. Renewal rates for these passes are offered at a discount.

Tom Bricker, founder of DisneyTouristBlog.com, said Disney World fans “have grown increasingly frustrated with ever-increasing prices combined with cost-cutting measures and the many ways the company has made visiting its parks more tedious.”

“However, pent-up demand remains strong and the parks are overcrowded, for now. Of course, investors and analysts have questioned how Disney will adjust to a recession or recession. In that event, it remains to be seen whether Disney will be able to . to circulate and maintain strong numbers, or that high prices and various disturbances alienate the followers of life and cause irreparable damage to the name.”

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Changes to restaurant reservations

The resort has also revised its restaurant reservation policy, effective immediately. Reservations can now be canceled up to two hours before the reservation time without a cancellation fee, except for three locations. The Hoop-Dee-Doo Musical Revue, Victoria and Albert and Monsieur Paul will maintain a cancellation policy up to 24 hours in advance.

Disneyland in Anaheim, California, has similar changes planned for restaurant reservations.

“The Disneyland Resort plans to update our dining reservation policy to allow one-day cancellations later this month,” Disneyland officials said, also allowing cancellations up to two hours in advance.

But unlike Walt Disney World in Florida, the California resort still requires park reservations for all ticket holders, and will maintain a flat rate of $65 to hop between parks.

At the same time, both resorts raised prices for Genie+ skip-the-line service and merchandise such as custom-built lightsabers and droids, among other things. Disney World has also raised the prices of large meals.

Disney has invested more than $31 billion in new guest experiences over the past decade.

In an earnings report earlier this month, Disney reported $7.4 billion in global theme park revenue, a 36% increase from last year. Higher crowds and higher spending per visitor drove that revenue, according to the report. It said the growth in visitor spending was partly due to the introduction of the Genie+ paid skip-the-line service.

Top image: Walt Disney World Magic Kingdom theme park on July 30, 2022. (Octavio Jones/Reuters)

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