Annual Pass Rumors??

[TraderStitch]

I mean we don't hit the parks everyday anyways but I'd like the option lol. You get me in there my @$$ is spending money.

Not like these locals lol -jk

 

[Brian Noble]

If they want/need to beef up revenue

Many operators account for season/annual pass income by spreading it out along the use of the pass in some way. I'm certain Cedar Fair does this. I would bet Disney does too.

If so, you don't really juice the current quarter by a flood of AP sales, because you don't recognize the full cost of the AP right away.

 

[CarolMN]

Many operators account for season/annual pass income by spreading it out along the use of the pass in some way. I'm certain Cedar Fair does this. I would bet Disney does too.

If so, you don't really juice the current quarter by a flood of AP sales, because you don't recognize the full cost of the AP right away.

Even if the AP revenue is accounted for as you suggest (and it probably is), opening up sales again would increase their 4th quarter revenue.

 

[Brian Noble]

...unless the parks will otherwise be full with day guests.

 

[Mrs.AMC]

https://blogmickey.com/2022/08/disn...-as-magic-key-passholders-await-renewal-news/

There is your answer.

Where is the answer? I don’t see any answer in that link. Unless your point is there is no answer

 

[Mrs.AMC]

https://**************.net/2022/08/disney-world-annual-pass-announcement-kc1/

Is it just me or is that a great big non announcement?

 

[Mrs.AMC]

They already have your money and they know you will be coming regardless

Coming to stay at the resort is not equal to going to the parks

 

[RoseGold]

Wow a cast member said there might be an announcement. That's almost as good as a bus driver rumor.

 

[Mrs.AMC]

Wow a cast member said there might be an announcement. That's almost as good as a bus driver rumor.

Right? I don’t get how that’s news at all

 

[DeeBee3]

I think we learned today that the "announcement" was that they don't need AP of any sort and won't be changing that unless the economy/park attendance changes. OR, they just like to torture us and we will find out next week or next month.

 

[Jrb1979]

Where is the answer? I don’t see any answer in that link. Unless your point is there is no answer

Reading between the lines, Disney calling out an unfavorable mix means that more Passholders were in the parks than they’d like. That's quoted from the article. That would tell me they aren't looking to offer APs right now.

 

[Mrs.AMC]

Reading between the lines, Disney calling out an unfavorable mix means that more Passholders were in the parks than they’d like. That's quoted from the article. That would tell me they aren't looking to offer APs right now.

So just your interpretation
not an announcement

 

[DeeBee3]

So just your interpretation
not an announcement

It means Disney corporate stated today that they have no financial incentive to offer new passes. We will see if that actually affects their decision going forward.

 

[Jrb1979]

So just your interpretation
not an announcement

What would take it as when Chapek said profit were "partially offset by an unfavorable attendance mix at Disneyland Resort”. That tells me there is too many AP holders

 

[HIRyeDVC]

https://www.cnbc.com/2022/08/10/disney-dis-fiscal-q3-2022-earnings.html

A couple of things stick out to me.

- The parks saw 74% increase in revenue. Crazy.
- “As it relates to demand, we have not yet seen demand abate at all and we still have many days when people cannot get reservations,” Christine McCarthy, Disney’s chief financial officer
- "international visitors to domestic parks have continued to be slow to return. Traditionally, those parkgoers account for around 17% to 20% of total guests." - McCarthy

It's anybody's guess when APs return. I don't think there will be a downturn. And if there is, international travelers will probably pick up the slack.

 

[HIRyeDVC]

What would take it as when Chapek said profit were "partially offset by an unfavorable attendance mix at Disneyland Resort”. That tells me there is too many AP holders

I'm guessing that is referencing more on Disneyland and not WDW. Anaheim is overrun with locals. A little different out there.

 

[Jrb1979]

I'm guessing that is referencing more on Disneyland and not WDW. Anaheim is overrun with locals. A little different out there.

It is but I don't see how they can bring back APs for one and not the other.

 

[HIRyeDVC]

It is but I don't see how they can bring back APs for one and not the other.

they are two completely separate entities.

 

[Jrb1979]

they are two completely separate entities.

I know they are but from Disneys perspective I don't think they want to deal with the negative PR if WDW resumes AP sales and DL doesn't.
Also the parks are packed right now so there is no need to offer APs

 

[jkh36619]

they are two completely separate entities.

Seems WDW is also doing pretty well without AP sales. I don't see them coming back unless revenue takes a sharp decline.