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Retail

Disney’s U.S. parks to change their pricing strategy for the first time in 60 years

By
Valentina Zarya
Valentina Zarya
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By
Valentina Zarya
Valentina Zarya
Down Arrow Button Icon
October 4, 2015, 5:39 PM ET
(July 17, 2015) Ð Mickey Mouse and his friends celebrate the 60th anniversary of Disneyland park during a ceremony at Sleeping Beauty Castle featuring Academy Award-winning composer, Richard Sherman and Broadway actress and singer Ashley Brown, in Anaheim, Calif. on Friday, July 17. Celebrating six decades of magic, the Disneyland Resort Diamond Celebration features three new nighttime spectaculars that immerse guests in the worlds of Disney stories like never before with "Paint the Night," the first all-LED parade at the resort; "Disneyland Forever," a reinvention of classic fireworks that adds projections to pyrotechnics to transform the park experience; and a moving new version of "World of Color" that celebrates Walt DisneyÕs dream for Disneyland. (Paul Hiffmeyer/Disneyland Resort)
(July 17, 2015) Ð Mickey Mouse and his friends celebrate the 60th anniversary of Disneyland park during a ceremony at Sleeping Beauty Castle featuring Academy Award-winning composer, Richard Sherman and Broadway actress and singer Ashley Brown, in Anaheim, Calif. on Friday, July 17. Celebrating six decades of magic, the Disneyland Resort Diamond Celebration features three new nighttime spectaculars that immerse guests in the worlds of Disney stories like never before with "Paint the Night," the first all-LED parade at the resort; "Disneyland Forever," a reinvention of classic fireworks that adds projections to pyrotechnics to transform the park experience; and a moving new version of "World of Color" that celebrates Walt DisneyÕs dream for Disneyland. (Paul Hiffmeyer/Disneyland Resort)Courtesy of Disney Enterprises, Inc.

The Walt Disney Company (DIS) is considering switching to a pricing model based on demand at its U.S. parks.

In the new pricing model, there would be a financial or other incentive for visitors to go to the park off-season, reports the Wall Street Journal. Much like airline prices, tickets to Disney parks would cost more during weekends and around major holidays, and less during the weekdays and low tourist season.

With the popularity of franchises like Frozen and Star Wars, attendance at the Disney parks has been at record levels for the past three years, according to WSJ. While this is indeed a good problem to have, it also means that visitors experience long wait times for rides, as well as gate closings—not exactly what people coming to the “Happiest Place on Earth” would expect.

This change in pricing comes amidst a number of changes to the domestic Disney parks. For one, Disney has been experimenting with using technology to manage crowds. For example, its “My Magic Plus” wristbands allow customers to reserve times for rides and meals before their arrival. And Disney is continuing to expand its parks. In August, Disney announced that it would add Star Wars-themed lands to parks in Anaheim and Orlando.

Note: The previous headline of this article read:”Disney’s U.S. parks to change their pricing for the first time in 60 years.” The word strategy was inserted to avoid confusion.

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