... so are we going to talk about the insane price hikes for AP today? Gotta love how Universal can get away with this stuff, but Disney increases prices by $0.50 for popcorn and there would be riots on Main Street lol
I mean we've been saying they were way under priced for years. If they are constantly overcrowded, this is the most obvious first step.
When you go to a park and just go ahead and buy an annual pass because you almost spent that much already, it's too cheap. "It's not cheaper than park X" doesn't change that.idk who is we but the two lower tiers are more expensive than WDW's once you take parking prices into consideration
When you go to a park and just go ahead and buy an annual pass because you almost spent that much already, it's too cheap. "It's not cheaper than park X" doesn't change that.
Scared to see the prices next year and in 2025.That's how every park's pricing is set up. If we go by that logic, annual passes will start $1K+
Not opposed to price increases, they are expected, but $150 in one jump is pretty ridiculous... especially when we should be expecting an additional one next year in preparation for EU as well.
So Universal's APs can be more expensive than Disney's, but because it doesn't cost a literal arm and a leg compared to buying a however-many-day ticket, it's still "too cheap," despite Disney having twice as many parks?When you go to a park and just go ahead and buy an annual pass because you almost spent that much already, it's too cheap. "It's not cheaper than park X" doesn't change that.
I’ve seen you talk business on here before bro, surely you understand this is how all loyalty programs at all companies workWhen you go to a park and just go ahead and buy an annual pass because you almost spent that much already, it's too cheap. "It's not cheaper than park X" doesn't change that.
I’ve seen you talk business on here before bro, surely you understand this is how all loyalty programs at all companies work
So Universal's APs can be more expensive than Disney's, but because it doesn't cost a literal arm and a leg compared to buying a however-many-day ticket, it's still "too cheap," despite Disney having twice as many parks?
Yeah.... no. That logic doesn't fly at all. And I think you were speaking for yourself when you said the APs were underpriced. That thought certainly never crossed my mind. These hikes are disgustingly bad. They're "We added another park" hikes, yet they didn't even add the park yet!
I’ll let you in on a secret…”cheap” loyalty programs (like annual passes) are how those businesses stay crowded.Not companies that are overcrowded regularly and have people that go frequently. Places that you might go once or twice a year and are half empty most of the time, sure. They have excess capacity to fill and its worth giving away tickets. You usually don't see it in world class destinations with capacity problems.
I’ll let you in on a secret…”cheap” loyalty programs (like annual passes) are how those businesses stay crowded.
Since you like throwing out economics 101 around you’re aware of the 2-part pricing model…customer pays a fixed fee to access a product plus the separate per-unit fee. The access fee really only needs to be the breakeven price (where marginal cost=average total cost). You get the economic profit in the shaded triangle above that line, where the money is made in per-cap spending. You get higher per-cap spending by letting more visitors in.
Personally, I prefer a higher priced AP that exceeds breakeven for a less crowded, higher per-cap experience…but that’s just me as a paying consumer. It’s crazy to suggest that cheap annual passes that allow for higher crowds is a bad thing from a business perspective.
That guy is very wealthy and just wants park tickets to cost more money so the plebs can't afford to go and he will have a better experience without having to buy express/vip. You have to keep that in mind when reading whatever he says.I’ll let you in on a secret…”cheap” loyalty programs (like annual passes) are how those businesses stay crowded.
Since you like throwing out economics 101 around you’re aware of the 2-part pricing model…customer pays a fixed fee to access a product plus the separate per-unit fee. The access fee really only needs to be the breakeven price (where marginal cost=average total cost). You get the economic profit in the shaded triangle above that line, where the money is made in per-cap spending. You get higher per-cap spending by letting more visitors in.
Personally, I prefer a higher priced AP that exceeds breakeven for a less crowded, higher per-cap experience…but that’s just me as a paying consumer. It’s crazy to suggest that cheap annual passes that allow for higher crowds is a bad thing from a business perspective.
lol no. People like you judging people are a type, that's for sure. I live in a 900 square ft condo that appraised for $75k. Don't own a company. Job pays well under $100k a year. Now lets post your financials and compare.That guy is very wealthy and just wants park tickets to cost more money so the plebs can't afford to go and he will have a better experience without having to buy express/vip. You have to keep that in mind when reading whatever he says.
What do you think the prices will be in 2025?Why do they need to charge so much more? What they could do is just add more blackouts and take away the After 4 Express and then the parks aren't always filled with APs. It's not all about charging more. If they take away a big benefit in AP Express, that helps clear up the express lines after 4 and by adding more blackout dates that keeps the park a bit more clear from so many APs. It doesn't have to be more money on everything. Even Disney realizes you need to cater at least a bit with one pass level to a lower earning demographic.
And by 2025 the prices on these passes are gonna be nuts anyway so don't worry, big price increases are coming.
I don't even want to guess what the prices will be in 2025, but I suspect a 2-park "Seasonal" pass will probably cost around what the Preferred costs today and there will probably be even more blackouts on that pass. And that would be the starting point at around $500+. Just a guess though, could be totally off.What do you think the prices will be in 2025?
I'd have to imagine they'll introduce a 4-Park pass, but the Preferred and Premier tiers are gonna be ridiculously expensive. Like, "you're crazy to buy that" expensive.
Unless they decide to completely restructure the Annual Passes.