A Disney vacation just got a little more expensive.
The company announced over the weekend that prices at its theme parks in Florida and Anaheim will increase, along with the costs of some annual passes.
Under the companys tiered admission system introduced last year, prices vary based on the day.
At the Magic Kingdomin Walt Disney World, a single-day ticket will cost$107 for adults or $101 for children on the cheapest value days, an increase of $2, according to Fox 5 in Orlando.
A regular ticket will jump $5, to $115 for adults and $109 for children.
“Peak” days will remain unchanged at $124 for adults and $118 for kids.
The other three theme parks in Florida have slightly lower prices at $99/$107/$119 for adults and $93/$101/$113 for kids, increases of between $2 and $5.
In Anaheim, prices for a single day at Disneylandor its sister park, Disney California Adventure,will cost $97/$110/$124 for adults and $91/$104/$118 for children, increases of between $2 and $5.
MousePlanet has a breakdown on many of the Disneyland ticket options and how much theyve increased. The Orange County Register also lists allprice increases since 2000, when a Disneyland ticket cost just $41, or $57.14 in 2016 dollars according to the CPI inflation calculator.
Discounts are available for multiple-day admissions, but the company will now offer a $20 discount on such tickets purchased online or by phone in advance, the Orlando Sentinel said.
The prices of some annual passes at both resorts will also increase along with most parking fees.
Disneys earnings report last week showed lower net income and revenues, falling short of analysts expectations, Deadline reported. Year-over-year attendance in theme parks for the last quarter fell by 5 percent, the Orlando Sentinel said, in part because Hurricane Matthew closed the Florida parks for a day and a half in October.
However, despite the lower attendance, revenue and income in the theme parks divisionincreased, according to Forbes.
Motley Fool analyst Rick Munarriz noted in his column that price increases in the parks may have helped to lower guest counts at the companys famously crowded parks, with lower attendance in three of the past four quarters, while increasing revenue and profit.
Disney will come out of this just fine, he predicted. Disney is making more with less, and as long as revenue and operating income keep inching higher, dont expect the media giant to ease back on the annual increases.
The jump in prices comes just days after the company announced that Pandora: The World Of Avatar, the land at Disneys Animal Kingdom in Florida,will open on May 27.
Lands themed to Star Wars will open at Disneyland in Anaheim and Disneys Hollywood Studios in Florida in 2019, the company said.