Disney raises ticket prices; will other parks be next? - FOX 13 News

Disney raises ticket prices; will other parks be next?

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TAMPA (FOX 13) -

When you include tax, some theme park tickets have broken the $100 mark.

Walt Disney World on Monday hiked the price of a one-day ticket to the Magic Kingdom to $95 for adults and $89 for children (ages 3-9). When sales tax is factored in, a one-day ticket rises to $101.18 for adults and $94.79 for kids.

Admission to other Disney parks, including EPCOT, Hollywood Studios, and Animal Kingdom rose to $90 plus sales tax for adults and $84 plus sales tax for kids (ages 3-9).

Universal Studios Florida announced a price hike just ten days ago. Adult admission there rose to $92 plus tax.

Busch Gardens spokesman Travis Claytor said he did not have information regarding expected price changes at that park or Sea World.

  • Tickets to Busch Gardens are currently $75 for adults and $67 for kids.
  • SeaWorld Orlando's website priced adult tickets at $79 and children's tickets at $17 plus tax.

In addition to increasing the cost of single-day, single-park tickets, Walt Disney World also increased the price of its annual passes.

  • The regular price of a year-round pass to all Walt Disney World parks rose to $609.
  • Florida residents can buy the same pass for $464. There is no discount for a child's annual pass.

Disney also hiked the price of parking from $14 to $15.

For a family of four, the cost of tickets and parking alone for a trip to the Magic Kingdom now stands at $406.94.

Given the median hourly wage of $16.71 in May, according to the Bureau of Labor Statistics, the median worker must toil 24 hours (three days) to pay for just one day at the Happiest Place on Earth.

Walt Disney World stock was trading at $63 share on Monday, up slightly from Friday. Shares in Disney are trading at their highest level ever, surpassing the "booms" of both 2000 and 2006/2007.

The company's market capitalization stands at $113 billion.

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