Disney Offers Massive Discounts on Child Tickets and Park Deals to Boost Attendance

1 min read
Source: CNBC
Disney Offers Massive Discounts on Child Tickets and Park Deals to Boost Attendance
Photo: CNBC
TL;DR

Disney is offering limited-time discounts on children's tickets at its domestic theme parks, including Disneyland and Disney World, in an effort to boost attendance amid a slowdown in the industry. The price cuts come as consumers face higher costs due to inflation, leading to lower attendance at Disney's U.S.-based parks as well as other major players like Universal, Six Flags, and Sea World. The company's parks division has remained a bright spot, with a 13% increase in revenue during the third quarter. Disney plans to invest around $60 billion in its parks division over the next 10 years, including projects such as redesigning Splash Mountain and expanding its cruise line.

Share this article

Want the full story? Read the original reporting

Read on CNBC