FEATURED, JASON GARCIA, NEWS BY JASON GARCIA ON MARCH 10, 2010 AT 12:32 PM Disney announced today (3/10) that it will begin selling new annual passes good for admission to both Walt Disney World and Disneyland. The Disney Premier Passport will cost $700 plus tax and include admission to all four theme parks and both water parks in Orlando and both theme parks in Anaheim, Calif. Sales begin tomorrow. Walt Disney Co. Chief Executive Officer Bob Iger unveiled the pass this morning in remarks to attendees at Disneys annual shareholder meeting in San Antonio. Disney says guests already holding premium any style of annual or seasonal passes to both Disney World and Disneyland (excluding Epcot after 4 passes and the promotional four-day dream passes) will automatically be issued the new Premier Passport. Guests with annual or seasonal passes to one of the resorts can upgrade for an additional fee. From MouseMisers newsletter: This morning (3/10), Disney confirmed the existence of the long rumored annual pass good for both Walt Disney World and Disneyland. Dubbed the Disney Premier Pass, it will go on sale starting tomorrow, Thursday, March 11, at both Disneyland and Walt Disney World ticket windows. The cost will be $700, plus applicable sales tax. This pass could be a great deal for some people, but probably not most. It includes: Walt Disney World Unlimited admission for a period of one year to all four Walt Disney World Theme Parks, including the ability to visit multiple parks on the same day (hopping). Unlimited admission to Disneys Typhoon Lagoon and Blizzard Beach Water Parks Unlimited admission to DisneyQuest Indoor Interactive Theme Park, ESPN Wide World of Sports Complex(valid only on event days; some events require an additional admission charge) and Disneys Oak Trail Golf Course (greens fee only. Tee time reservations are required and subject to availability) Parking at all four Theme Parks Subscription to Mickey Monitor, a collectible Passholder-only publication Disneyland Unlimited admission to both Disneyland and Disneys California Adventure Parks for a period of one year, including the ability to visit multiple parks on the same day (hopping). Parking at any pay-on-entry parking lot Subscription to Backstage Pass. Complimentary subscription to Disneys Family Fun Magazine (one per household). So, you receive basically a premium WDW annual pass (normal price $619 plus tax) and a Premium Disneyland annual pass (normal price $439 including tax) all rolled into one pass. So, is it a good deal? If you normally hold a Premium WDW pass, then yes, probably. For $700, you get your Premium pass plus access to Disneyland for a year for only a small additional cost. Also, if you visit both parks often in one year, then again, probably a good deal. For most people, even if they make one visit to each park in a year, they will probably be better off purchasing normal Disney tickets, it will be cheaper for them. Once you start making multiple visitis to the parks, then take a look at the Premier Passport. If you already hold a Premium AP for both resorts, Disney will automatically issue you a new Premier Pass. You can also upgrade any existing annual pass to a Premier Pass just by paying the difference in cost. More information on upgrading and pricing will be available tomorrow, once the passes go on sale. There will not be any discounts on the Premier Passport for DVC members, military or children, everyone will pay the same price.