Friday, August 06, 2010

Universal Studios Follows Disney In Raising Ticket Prices

Just a few days after Disney announced that they are raising ticket prices, Universal Studios is following in that foot step.
Universal said it is increasing the base price of a one-day, one-park pass to $82 — matching a price increase announced earlier this week by Walt Disney World.

Strangely enough, financial analysts seem to think that Disney's decision to raise ticket prices is a good sign.

That indicates that park revenues are holding up, despite building economic pressure and no discounting, Wible wrote in a morning report. Wible believes this suggests that Disney will report stronger-than-expected earnings for its fiscal third quarter next Tuesday.

We'll know soon enough.


No comments: