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To: equalitybeforethelaw
Given the economic circumstances Disney feels its brand is strong enough to command higher prices. I think they are doing this now on the assumption of future inflation.

I notice a lot of companies raising prices now. I think it has something to do with Wall Street. A public company cannot show a decline in revenue. So they try to compensate for smaller crowds by raising prices and hope that in the short term there will be a class of customers who are still willing to pay whatever they charge.

I was at Disney World recently. An odd thing I noticed was that a very high percentage of the customers seemed to be from the UK. I have never heard so many British accents in the US. Maybe Americans are staying away.

84 posted on 08/04/2010 12:39:23 PM PDT by wideminded
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To: wideminded
I was at Disney World recently. An odd thing I noticed was that a very high percentage of the customers seemed to be from the UK. I have never heard so many British accents in the US. Maybe Americans are staying away.

The Brits still have a favorable exchange rate, so it's cheap to come here.

89 posted on 08/04/2010 1:02:43 PM PDT by Tatze (I reject your reality and substitute my own!)
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To: wideminded

“I was at Disney World recently. An odd thing I noticed was that a very high percentage of the customers seemed to be from the UK. I have never heard so many British accents in the US. Maybe Americans are staying away.”

FL is a big Brit vacation spot. They love the weather, attractions and shopping opportunities. Remember, they live with a VAT in Britain and Europe, so simple things there cost a fortune (i.e., shirts, shoes, trousers, etc.). They also get a ton of vacation time, which is normally consumed in the summer. From their perspective, the money saved on buying consumer goods in America pays the ticket prices at places like Disney.


91 posted on 08/04/2010 1:06:51 PM PDT by equalitybeforethelaw
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