Nick6300
DIS Veteran
- Joined
- May 3, 2017
I wonder if the calculus is more complex than simply the economy is good + parks are crowded = huge ticket price increase.
Some years back, there was a discussion that included data points on the amount each visitor spends while in the park. Yes, ticket price was a big component, but food & beverage, souvenirs and whatnot were included.
I have been curious to learn if the increase in attendance has resulted in a decrease of per visitor spend--simply because the crowds "get in the way" of people being able to make purchases at the rate they otherwise might.
The last several earnings calls, Iger mentions having a handle on controlling the park crowds via appropriate pricing (hotels, parks, goods) and expansion. The spend per guest have been up, but food and beverages prices have also increased a lot - more so than merch. The price of a T-shirt has roughly been $25-30 for several yrs, where the price of the french onion soup is now $7.99.
The line is too long issue does impact me, as primarily a quick service person. But that's why they're adding reservations to the likes of ABC Com. And it's tough for us not to eat at all just because the lines are long... we just end up planning to eat at off peak times like 2 & 4pm. But long lines can dissuade us from buying certain items such as dole whips, t-shirts.
My PP regarding APs not spending as much as first time visitors or occasional visitors. I think these infrequent/new visitors are more likely to spend on bippity boppity boutique, character dining; since it's more of once in a lifetime trip vs. an Orlando resident who either drives there from home on wknds or stays offsite / maybe even bringing in lunch. If they can consistently fill the non holiday stays - with these expansion efforts - with non APs they might make more money.