We’ve learned LOTS from Disney’s Quarterly Earnings Call today!
Disney World has been reopened since summer 2020, while Disneyland has been back for just under a month. However, according to CEO of The Walt Disney Company Bob Chapek, demand on both coasts is strong, with “intent to visit…growing.”
In fact, Chapek shared that Disney World’s demand levels are already “flat” with those of 2019, before the pandemic. That signifies that there’s a huge amount of people willing to visit the parks — or, as Chapek puts it, “we’ve got plenty of demand.” We’ve seen this in just how full the Park Pass reservation calendars have been lately.
However, park capacity (although increasing in Disney World) is currently limited in both Disney World and Disneyland. Thus, Disney has had to practice yield management — using customer behavior to maximize revenue — for a while now. Naturally, this strong demand to visit the parks could have an impact on pricing.
We’re keeping a close eye on things on both coasts, and we’ll be sure to bring you plenty of updates. Stay tuned to DFB!
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Are you planning a trip to Disney World or Disneyland? Let us know in the comments!