Walt Disney, the iconic entertainment conglomerate, has announced a series of price hikes for its theme park tickets in 2025. This move comes as part of Disney’s ambitious plan to invest nearly $2 billion in renovating its Anaheim theme park located in California.

The adjustments in ticket prices vary across different types of tickets and parks. The least expensive single-day, single-park ticket prices have increased from $109 to $119, marking the first adjustment since 2019. However, the peak price for visiting parks remains the same as in 2024, with Magic Kingdom Park in Florida costing $189 on busy days like July 4th, up from $184 the previous year.

Furthermore, prices for the Park Hopper options, which allow guests to visit multiple theme parks on the same day, have also seen an increase ranging from $5 to $10. On the other hand, tickets for Animal Kingdom Park in September, when demand is low, remain the most affordable option at $119.

This price increase follows multiple hikes announced by the company in recent years and aligns with Disney’s ambitious plan to invest $60 billion in revamping its parks over the next decade. One notable exception to the price hikes was when the company temporarily slashed the price of children’s tickets to as little as $50 each from January 8 to March 10 of this year.

The investment plan was unveiled as part of an SEC filing in September of the previous year, where Disney expressed its commitment to investing $60 billion in its parks and cruise lines over the next decade. This includes a significant expansion of Disney World’s Magic Kingdom, touted as its “largest ever” expansion.

Last month, Disney revealed detailed plans to revamp its Anaheim theme park in California, incorporating new attractions, shops, and restaurants within the existing 490-acre space. If approved by Anaheim city leaders, the project could introduce new rides and attractions inspired by beloved Disney stories such as Frozen, Peter Pan, Tangled, Toy Story, and Zootopia.

The allocated $1.9 billion will be directed towards various aspects of the expansion, including theme park lands, attractions, hotels, shopping, and dining west of Disneyland Drive and on the Toy Story parking lot. The proposal is currently undergoing review, with the Anaheim Planning Commission set to hold hearings in March and the city council scheduled to vote on the proposal in May.

An environmental impact report released by the city of Anaheim last year highlighted potential impacts on air quality, greenhouse gas emissions, and noise resulting from the expansion. Despite these considerations, Disney remains committed to its vision of enhancing the guest experience and maintaining its position as a leader in the entertainment industry.

The manner in which Disney releases tickets for sale in 2025 reflects a new pricing approach for the company. According to Don Munsil, who operates the travel website MouseSavers.com, Disney’s strategy involves rolling out new prices as they add new dates to their calendar, rather than raising all ticket prices at once. This approach aims to provide more stability in ticket pricing for specific dates, representing a departure from previous pricing strategies.

In conclusion, Disney’s decision to hike ticket prices for its theme parks in 2025 is part of its broader investment strategy aimed at enhancing guest experiences and maintaining its position as a premier entertainment destination. While these price adjustments may impact visitors, they are aligned with Disney’s commitment to innovation and quality in its theme park offerings.