Coming to Disney: $100 Entry
By Neal Colgrass, Newser Staff
Visiting Mickey will soon cost a C-note if prices keep rising at Walt Disney World parks, Time reports. Basic admission cost $82 last June and hit $89 a year later, which, according to one Orlando Sentinel columnist, means $100 entry could come in just two years. "The moment you get to three digits, it has an emotional impact," says one consumer analyst. "It's a barrier no one wants to cross, and Disney(DIS) is going to have to be careful about crossing it."
Why the price hikes, during desperate times? The competition, for one: Universal Studios Orlando just raised its basic entry to $88.
Plus, as the LA Times reports, theme park attendance rose 3% last year -- which gives park executives the unofficial green light to raise prices.
What's more, price hikes are considered a means of crowd control, notes Time: Scare off visitors who can't afford it, and attract big spenders who consider the $100 gate fee just the beginning.
--Written by Neal Colgrass of Newser