The Park Pass theme park reservation The system has been in place in Disney World and Disneyland since the parks reopened following the COVID-19 closures.
The system helps Disney control capacity in the parks and knows how many guests will be there each day. We’ve seen Disney executives comment on the park pass system in the past, how it was used, and how it could stay here, but today we even got More updates on the system and how long it could be sticking around.
On May 11th, 2022, Disney shared its quarterly earnings report for the second quarter of fiscal year 2022. In that report and during the earnings call on the same topic, Disney shared updates on their fiscal standing, Disney + subscribers, and more.
During the call, Disney executives were also asked a number of questions, including Some that prompted responses related to Park Passes.
Disney CEO Bob Chapek commented on the Park Pass system noting that the company is still promoting the way that attendance is trending in relation to the reservation system. According to Disney CEO Bob Chapek, Disney continues to “see really strong demand” and they are “encouraged by the trends” that they see, especially as they expect improvements to international visitation.General Chat Chat Lounge
Chapek said, “We’re controlling our attendance … using our reservation system to optimize the guest experienceGeneral Chat Chat Lounge But that domestic yield strategy… is really exceeding our expectations. ” Chapek shared that they are encouraged by the continuation of the trends they see when it comes to things like the number of people signing up for Genie +, plus the The willingness to come to the parks with the reservation system, which helps them manage their price per day.
According to Chapek, “That domestic yield strategy is really structurally allowed [Disney] to increase that per capita spending meaningfully without having to rely solely on raising ticket prices. ” And, he added, “We don’t see any end in sight for that.”
Christine McCarthy, Chief Financial Officer of The Walt Disney Company also discusses Park Passes. According to McCarthy, Disney is “choosing to limit attendance using [the] reservation system. ” McCarthy said this goes back to Disney trying to “balance demand and attendance throughout the year, Not the days when consumers are enjoying the experience in the parks. “
McCarthy said attendance is something they ‘re controlling but They ‘re doing it to “have a better consumer experience.”
According to McCarthy, they will continue to increase attendance in the parks with capacity as things change. She noted how things have changed recently, like the return of the “normal” character meet-and-greets and the return of nighttime spectaculars at Disneyland.
McCarthy also said that things like the opening of the Guardians of the Galaxy: Cosmic Rewind attraction in Disney World could potentially change capacity. McCarthy said this is an “all new ability” and they are looking forward to having a guest experience.
Neither Chapek nor McCarthy gave any indication of an end to Disney’s Park Pass system. And in fact, as we noted above, the Disneyland Resort president shared his thoughts on why Park Passes could stay here.
McCarthy also noted how they are managing the parks differently now when it comes to attendance levels and talking about how they know many people are going to the parks on a given day, which allows them to better balance loads throughout the year, week. , and month.
So it seems Park Pass reservations could be sticking around for quite some time. Right now the Park Pass availability calendar shows dates available through January of 2024.
We ‘ll be sure to share any further updates with you.
Click here to see more about Disney’s earnings report
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