Expect park/room prices to continue to increase

[Plutofan]

According to Bob Iger:

Disney has been increasing pricing at the parks and Iger said there’s still “room to increase pricing” further. He “views the environment with some degree of caution” but said he’s confident that the company will continue to have “price elasticity.” And despite higher prices, consumers are booking more rooms both at the theme parks and on the cruise ships, where occupancy is 94 percent.

 

[tajz90]

According to Bob Iger:

Disney has been increasing pricing at the parks and Iger said there’s still “room to increase pricing” further. He “views the environment with some degree of caution” but said he’s confident that the company will continue to have “price elasticity.” And despite higher prices, consumers are booking more rooms both at the theme parks and on the cruise ships, where occupancy is 94 percent.

Is there a link to his statement/interview?

 

[Plutofan]

http://www.cnbc.com/id/48557316

 

[Ragnrok23]

According to Bob Iger:

Disney has been increasing pricing at the parks and Iger said there’s still “room to increase pricing” further. He “views the environment with some degree of caution” but said he’s confident that the company will continue to have “price elasticity.” And despite higher prices, consumers are booking more rooms both at the theme parks and on the cruise ships, where occupancy is 94 percent.

“price elasticity.” = raising room prices while offering more discounts then ever?

 

[DizBub]

According to Bob Iger:

Disney has been increasing pricing at the parks and Iger said there’s still “room to increase pricing” further. He “views the environment with some degree of caution” but said he’s confident that the company will continue to have “price elasticity.” And despite higher prices, consumers are booking more rooms both at the theme parks and on the cruise ships, where occupancy is 94 percent.

Does this mean that rooms at the theme parks have 94% occupancy?

If prices keep going up, to me it just means that our DVC is helping to pay for itself. Now if they just don't raise the MFs.

 

[keishashadow]

there's another thread discussing this

http://disboards.com/showthread.php?t=2971962

less public sales, more 'magical' pin codes rolled out as needed. Challenging the market is classic real estate strategy, why not apply to hotels?

re the 94% perhaps it only appies to DCL and occupancy doesn't indicate how sharply the product was discounted last minute to residents, military, even free to CMs working epcot (as relayed by our table mates one cruise, what a nice perc for them before they return to their country), etc.

 

[tjkraz]

less public sales, more 'magical' pin codes rolled out as needed.

Depending upon how much data mining Disney wishes to do, they could really spin that in their favor. Tracking hotel stays and KTTW purchases by guest would seem to be child's play. They may also have easy access to data on those who purchase Dining Plans (NOT "free dining"), buy length-of-stay passes rather than APs or non-expiring tickets, guests who golf or use other recreation, etc.

The point is with PIN codes Disney can control who gets the codes. They WANT the people who will pay DDP prices without calculating savings with a slide rule...buy a lot of souvenirs...buy LOS tickets rather than stretching non-expiring passes over many trips...rent boats....golf, etc.

Fewer general public sales could mean fewer deals for the bargain seekers who stay at POP, spread 10-day passes over 4 trips, bring a cooler full of groceries and go home with a $0.00 balance on their room charge. Disney can target the high rollers / big spenders and make sure they are getting most of the offers.

 

[anbouk]

You forgot to mention Food Prices...we read that the DDP as an add-on for us DVC, will go up a few dollars per person per day. TIW is looking better by the moment for our family, especially since my now 10 yr old is considered an adult....he still loves his kids meals, and so does my teen!

 

[DizBub]

You forgot to mention Food Prices...we read that the DDP as an add-on for us DVC, will go up a few dollars per person per day. TIW is looking better by the moment for our family, especially since my now 10 yr old is considered an adult....he still loves his kids meals, and so does my teen!

TIW is definately the way to go. Ridiculous that they charge adult prices for kids still so young. My DD loves the DDP but 2 of our grandkids ages 10 and 12 won't eat anything on the adult menus but would be forced to pay the adult prices. They will be eating a lot of counter meals on the upcoming trip until we get there with our TIW card.

 

[BestDadEver]

I would expect nothing less then incresses .

 

[keishashadow]

Depending upon how much data mining Disney wishes to do, they could really spin that in their favor. Tracking hotel stays and KTTW purchases by guest would seem to be child's play. They may also have easy access to data on those who purchase Dining Plans (NOT "free dining"), buy length-of-stay passes rather than APs or non-expiring tickets, guests who golf or use other recreation, etc.

The point is with PIN codes Disney can control who gets the codes. They WANT the people who will pay DDP prices without calculating savings with a slide rule...buy a lot of souvenirs...buy LOS tickets rather than stretching non-expiring passes over many trips...rent boats....golf, etc.

Fewer general public sales could mean fewer deals for the bargain seekers who stay at POP, spread 10-day passes over 4 trips, bring a cooler full of groceries and go home with a $0.00 balance on their room charge. Disney can target the high rollers / big spenders and make sure they are getting most of the offers.

the exact reason I assume i've only gotten one PIN code (and one of the less than thrilling buy 4, get 1 day type to boot) offers.

I've often wondered how many DVCers have received PIN codes over the last few years.

I don't have enough points to float the spur of the moment trip and often gift points to my adult kids and come up short. On occasion have been shut out of availability @ DVC resort of choice when I waited too long to book. Would've been nice to have received any of the offers I've seen posted on the resorts boards. Instead we wind up staying at one of the deluxe resorts offsite( for better value vs CRO) and spend even less $ during our visit to WDW since we then eat offsite. If they had a pattern of ignoring members as to PIN codes thinking they're not the right demographic I believe they made a mistake.

 

[DebbieB]

I don't recall ever getting a PIN even back when I stayed at non-DVC.

 

[corpcomp]

the exact reason I assume i've only gotten one PIN code (and one of the less than thrilling buy 4, get 1 day type to boot) offers.

I've often wondered how many DVCers have received PIN codes over the last few years.

I don't have enough points to float the spur of the moment trip and often gift points to my adult kids and come up short. On occasion have been shut out of availability @ DVC resort of choice when I waited too long to book. Would've been nice to have received any of the offers I've seen posted on the resorts boards. Instead we wind up staying at one of the deluxe resorts offsite( for better value vs CRO) and spend even less $ during our visit to WDW since we then eat offsite. If they had a pattern of ignoring members as to PIN codes thinking they're not the right demographic I believe they made a mistake.

OK stupid question - what is a PIN code? Never saw one.

And last week there seemed to be a lot more rich foreigners at disney than americans so maybe they are simply attracting a lot more outside money. Was told BCV was booked 100% occupancy for weeks.

 

[bobbiwoz]

OK stupid question - what is a PIN code? Never saw one.

And last week there seemed to be a lot more rich foreigners at disney than americans so maybe they are simply attracting a lot more outside money. Was told BCV was booked 100% occupancy for weeks.

I get e-mails with codes to mention if I book Disney vacations through Disney. I do book nights every now and then for DS's family. Unfortunately, the next stay we've booked for them is in a blackout time, so no savings.

We would get codes by mail before DVC, I remember a great WL stay around '99. It was our second trip to WDW that year, the first time we ever went to WDW twice in a year!

Bobbi

 

[tajz90]

We have been 25+ times, always booked thru Disney and always stayed on property and have never been lucky enough to get a pin. No idea why? We even called and asked recently and was told it was hit or miss. What are we doing wrong?

 

[tjkraz]

We have been 25+ times, always booked thru Disney and always stayed on property and have never been lucky enough to get a pin. No idea why? We even called and asked recently and was told it was hit or miss. What are we doing wrong?

I suppose the easy answer is that with 25+ trips under your belt, Disney apparently doesn't need to offer you PIN codes in order to earn your repeat business. Pin codes aren't a loyalty program--they are an incentive to travel. You keep going back even without them so why should they offer you discounts?

We have only received a PIN code once. About a year ago we received a flyer with an offer. It was addressed to my 10 year old son. I gave him the flyer and told him we would all love to go if he was buying.

 

[drcoulsey]

You forgot to mention Food Prices...we read that the DDP as an add-on for us DVC, will go up a few dollars per person per day. TIW is looking better by the moment for our family, especially since my now 10 yr old is considered an adult....he still loves his kids meals, and so does my teen!

For our trip in December, my DGD will be 10 so that means adult prices for park ticket and meals. She eats like a bird so Disney makes $ on this deal. When did Junior status stop?