Price increases that Universal also made?Looks like a good chunk came from food and hotels. (Plus a price increase of 23%)
Price increases that Universal also made?Looks like a good chunk came from food and hotels. (Plus a price increase of 23%)
Yes, as you said, Universal increased too. Deluxe hotel room prices are up considerably since last year. I know, I stay there 20 plus nights a year. Food & Bev prices pretty much across the board. Ticket prices have matched Disney for the most part.Price increases that Universal also made?
Except Disney has way more hotels, and more food (and festivals).... Universal is still adding roomsUniversal basically matches Disney on price increases too. That's just about a wash. Hotels, food and tickets are all up at Universal from last year. Ticket prices are almost identical between Universal & Disney. A good percentage of that Disney ticket increase didn't take effect until just about the end of the quarter, so it would have been a non factor.
Numbers are relative. Universal is a much smaller theme park chain also.Except Disney has way more hotels, and more food (and festivals).... Universal is still adding rooms
Except none of that matters when factoring if a company is up, flat or down for a quarter. Sometimes being bigger can hurt you. And the numbers are compared to UORs numbers from the year before, a company that has grown in said time.Except Disney has way more hotels, and more food (and festivals).... Universal is still adding rooms
We were talking in percentages. That’s what @Mad Dog’s original post was about.Isn't that why percentages are more interesting than numbers? Or should I say "sheer" numbers.
So the takeaway here is both are doing very well and there's no impending doom coming upon Disney or Universal. Imagine that.So if i'm reading the results correctly this isn't as bad for Universal as it might appear.
Yes Disney increased sales and profit and Universal stayed flat but Universal appears to still have a much more profitable business compared to revenue.
- Disney is getting a 27% profit margin from their parks which is very healthy.
- Universal is getting a 40% profit margin from it's parks which is incredible.
So the takeaway here is both are doing very well and there's no impending doom coming upon Disney or Universal. Imagine that.