jrtoastyman
Purveyor of Fine Latex Products
- Joined
- May 22, 2011
- Messages
- 1,209
Was listening to the most recent podcast this morning and the discussion about Universal raising their prices and the inevitability of Disney and SeaWorld following suit. As discussed, part of the reason that Disney raises prices is because they can, and Universal going first certainly gives them cover to do so and we know from the past that when one park raises prices, the others do as well. It got me thinking, though -- what would happen if Universal raised prices and Disney stood pat? Has that ever happened before?
I'm not suggesting that Disney should or will follow this path, I'm just trying to envision it in my mind. My knee-jerk reaction is that if they just declined to raise prices and that was it, nothing would happen, and they'd just miss out on the extra revenue they could gain by raising prices along with the other parks. If they stood pat and used it as part of marketing message, that it was a relatively economical option (which, of course, is preposterous), I wonder if it would have any impact upon attendance. I doubt it would cause people that would otherwise go to Universal to go to Disney instead because I think they just attract different crowds to some extent, but it might keep some people on property that might otherwise take a couple of days and spend them at Universal...
Who knows, just thinking aloud. Anyone else have any thoughts?
I'm not suggesting that Disney should or will follow this path, I'm just trying to envision it in my mind. My knee-jerk reaction is that if they just declined to raise prices and that was it, nothing would happen, and they'd just miss out on the extra revenue they could gain by raising prices along with the other parks. If they stood pat and used it as part of marketing message, that it was a relatively economical option (which, of course, is preposterous), I wonder if it would have any impact upon attendance. I doubt it would cause people that would otherwise go to Universal to go to Disney instead because I think they just attract different crowds to some extent, but it might keep some people on property that might otherwise take a couple of days and spend them at Universal...
Who knows, just thinking aloud. Anyone else have any thoughts?