We’ve learned LOTS from Disney’s Quarterly Earnings Call today!
Cinderella Castle
We got updates on revenue, Disney+ subscriptions, and even park capacity. And now, we’re taking a look at customer demand to visit both Disney World and Disneyland.
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.”
Disney’s Hollywood Studios
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.
EPCOT
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.
Disneyland
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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We’re here now and extremely frustrated with wait times…they are ridiculous! If you’re going to keep increasing the number of people here, you need to bring back fastpass and have more places open…so incredibly frustrating to wait 105 minutes for one ride!!! Not our typical Disney experience!
I get that Jennifer. I won’t go till its back to normal, fast pass, parades, fireworks, meet and greet, dining plans. character dining. Its to expensive to go for rides and selected meals. come on Bob just open it up.