HotelsCorp, a recognized name in the discount vacation packages market and creators of the Orlando Destination Guide website, announced the launch of its Disney World ticket cost timeline video and blog post, intended to educate those researching the cost of Disney World park tickets. The six minute custom timeline video covers all aspects of the ticket price changes, beginning with Disney World’s illustrious grand opening and going through today’s tiered pricing system.
“One doesn’t have to be an economist to know that a trip to any Disney theme park has become a lot more expensive over the years,” says Ryan Forrester, Business Development Manager of HotelsCorp. “The latest illustration is Disney’s recent abrupt hike in the price of its top-ranked unrestricted Annual Pass. But while Disney has sometimes significantly outpaced inflation, things are more complicated than that when tracking price changes over 45 years, dating back to when the Orlando-based park opened in 1971, and given changes in the economy and American lifestyles.”
Moreover, say industry experts like Forrester, these are changes in the price of a product that has also changed dramatically. In some respects, it is believed that the Disney World of today, especially taking into consideration the Epcot facility and other modern-esque venues, would be unrecognizable to a park visitor in 1971. This is a familiar problem for inflation trackers, who have had a difficult time weighing improvements in a product over time. For some commodities such as gasoline, this isn’t an issue, but it is for items like computers, refrigerators, cell phones and cell phone service, which have become more powerful or efficient over the years – or even cheaper.
“Our Disney World cost timeline attempts to track all the changes this famous park has undergone with regard to its pricing policies,” adds Forrester. “This goes up to and includes the current tiered-style system Disney has put in place, which was a result of the corporation trying to balance the crowd-packing times of the year and those times when the Magic Kingdom – the most visited theme park in the world – seems quite empty.”