It Will Cost You More to Visit a Disney Park, and That's OK

No one should be surprised by Walt Disney (NYSE: DIS) boosting admission prices for its domestic theme parks on Wednesday. It's what the world's leading entertainment stock does this time of year. It increased prices last October, just as it did this very month two years ago.Bumping prices higher for its park tickets and annual prices this time of year is as obvious as the pumpkin spice latte in your hands. The wordplay irony of Disney raising prices in the fall isn't lost on me. Investors will cheer. Theme park visitors will boo. How will this all shake out over time? Let's take a closer look at how much more it will cost to visit Disney World or Disneyland this week. Then let's pivot to what it means for the House of Mouse and its near-term financial future.Let's start with media stock's most popular resort in Florida. Annual passes across its four tiers that used to cost as little as $469 to as much as $1,549 will now set you back between $489 and $1,629 for a year of access to Disney World. The $20 to $80 boost translates into a 2% to 5% increase. It's a reasonable move, in the ballpark of inflation's nearly 3% uptick over the past year. It's certainly a kinder adjustment than last October's 3% to 7% jump.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool