Hey guys! I've missed y'all.
Now that we're caught up, I wanted to throw in an anecdote. I get ROF w/ Express every year and I spend on average $25 per event night (3-4 nights usage) and between $100-150 in souvenirs total over my time there. Universal is getting maybe $250 out of me in addition to my ticket prices. Add in my husband, and they're getting about $350-400 over the ticket price for the length of the event.
Yes, the "annual passholders don't bring money in" is a fallacy, because the logic gets mixed up. I think IzzyB explained it the best so far. Just using you as an example, yes, you're spending $350-$400 over the course of 4 nights. That is undoubtedly a lot of money.
But look at the 1-day ticket user. One person is already paying $100+ just for admission. On top of that, there's the booze, food, and souvenirs all over the course of just one night. So while you still may be spending more through the course of the event, you're less profitable because you're doing it at the expense of filling the park with an extra body for three to four nights instead of just one...whereas if you were replaced by a newbie on those second, third, and fourth nights, in theory you would be buying more food, the same souvenirs, more drinks, etc. (emphasis is on the souvenirs here).
However, while this is true in general of most annual pass type things, HHN is a different beast altogether. All you have to do is stop in a Publix to get a ticket for up to 50% off, passholder or not. So it's clear that while, yes, the logical thing to think is that any sort of passbolder brings in less total revenue, HHN obviously cares less about that and more about filling the park up with as many people as possible and squeezing the pennies out of em there. HHN is basically a Six Flags-model venture. So I think it's not really fair to apply the general passholder theory to HHN, because it's 1. very local in nature, 2. only a month long and 3. a whole different animal from a full year-round theme park.
Personally, I'd love for them to cut down on FFP so I can get my empty weeknights back, but the only thing Universal will do about it IMO is raise the price until they see a drop in FFP purchases, trying their hardest to keep the number of passholders in the park each season as level as possible.