- Jul 8, 2019
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Going from $12 to $18 is a 50% increase - the equation for percent change is end minus beginning divided by beginning. Wages have gone up 50% in four years while ticket prices have not.There’s been a Water parks & mini golf add-on to an AP for years now so not surprised they would bring back a standalone AP for water parks as there used to be.
I have the Water Parks & Mini Golf pass and go a few times a year to each.
It may feel like it’s a snails pace because it’s been a long fight, but the wages have gone from $12 minimum in 2019 to now $18 minimum at Disney come December (and a roadmap to $20 minimum).
That’s great for everyone who works there, they deserve it. At the same time, it’s a 33% increase in minimum pay in just 4 years which is quite a bit. Disney is always going to want healthy margins so increases come with any employee minimum raises. Just because those making the park run are making more doesn’t mean Wall Street expects the margins to decrease so this shouldn’t shock anyone.
It’s slimy corporate games, but I hesitate to call it greed when, if they don’t raise the prices, the margins suffer, Wall Street panics, and stock goes down. It’s an endless cycle.
Wages are just kind of the simple thing to point at - the assessed value of Magic Kingdom went up over 8% this year. So yes, despite all the handwringing here about a $969 pass going up by 30 bucks (3%), they’re actually taking a haircut.
And value is subjective - there are an awful lot of people who consider $799 for a Pirate Pass to be an absolute steal even with the blockout dates compared to what you get for $530 up the road.