Reuters: U.S.: Disney hikes prices at U.S. theme parks

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Disney hikes prices at U.S. theme parks Jun 4th 2013, 03:33 Tweet Share this Email Print Related News Disney raises U.S. theme park prices up to 9.6 percent 2:42pm EDT DirecTV, two others bid over $1 billion for Hulu: source Sat, Jun 1 2013 UPDATE 2-Disneyland worker faces bomb charge over theme park dry ice blasts Thu, May 30 2013 Disneyland employee charged with having destructive device Thu, May 30 2013 Disneyland employee arrested in suspected dry ice explosion Wed, May 29 2013 People watch the ''World of Color'' show at Disneyland in Anaheim, California, March 11, 2011. Credit: Reuters/Mike Blake By Lisa Richwine Mon Jun 3, 2013 11:33pm EDT (Reuters) - Walt Disney Co raised single-day admission prices as much as 6.7 percent over the weekend at its theme parks in Florida and California, hikes that are more than five times the rate of inflation. Higher prices for Disney's theme parks have become an annual tradition. The theme parks and resorts unit provided 20 percent of the company's overall profits in the financial year that ended in September 2012, second only to the company's media unit that includes the behemoth sports channel ESPN. As of Sunday, one-day entry to Disney's Magic Kingdom at the Walt Disney World resort in Orlando, Florida, costs $95 for a person age 10 or older, a 6.7 percent increase. A single-day pass to one of two parks at Disneyland in Anaheim, California, rose 5.7 percent to $92. A park hopper ticket for entry to both California parks on the same day increased 9.6 percent to $137. The Consumer Price Index, which measures a sample of goods and services Americans pay for, increased at a 1.1 percent pace for the 12 months that ended in April. A narrower measure of the cost of sporting events rose 1.6 percent. Disney offers discount prices through multi-day tickets and other tailored offerings. Most patrons choose a multi-day ticket and don't pay the single-day rate, Disney spokesman Bryan Malenius said. (Editing by Ronald Grover, Maureen Bavdek and Edwina Gibbs) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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