Making a Disney vacation a bit more affordable
Disney (DIS) recently released its third quarter earnings, illuminating how its many different units operated for the quarter, including theme parks, giving key insight into the state of the consumer. University of Central Florida Rosen College of Hospitality Management assistant professor Carissa Baker joins Wealth! to give insight into Disney’s theme park price hikes Baker reacts to comments made by Disney CFO Hugh Johnston in an interview with Yahoo Finance over the state of the theme park unit: “I was really interested by him mentioning the fact that consumers maybe that are lower-income or middle-income are still kind of having stress because of the current state of the economy and inflation. But that more higher income buyers in general are looking towards those international parks.” She continues to say that this trend doesn’t mean it will be cheaper, but that there are still some ways… that you can kind of find a way to make it a little bit cheaper, depending on when you go during the year and who you use to travel and things like that.” For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino
