While all that may sound discouraging, Disney still has some worker-friendly features. In 2015, the company offered pension buyouts to 5,000 former employees. In 2011, Disney dropped pensions for salaried employees, which had previously been an important tool for employees saving for retirement. The 250 tech workers Disney laid off last year had to train their foreign replacements as a condition of their severance. workers with foreign workers brought in via H1-B visas. In January 2016, two former tech workers at Disney World filed lawsuits against the park, alleging that Disney and two consulting/outsourcing firms knowingly conspired to replace U.S. Still, for non-tipped employees, the money earned at Disney World doesn’t go far. The company pledged to increase worker wages to $10 per hour by 2016.
A 1967 book titled The Economic Impact of Disney World on Florida predicted: “During its initial construction stage and first ten years of operation, Disney World will directly generate a measurable addition in excess of $6.6 billion in new wealth to the economy of Florida.”ĭo Disney World profits trickle down to the park’s employees? It’s complicated. For a long time, Disney World employees’ starting pay was $8.03 an hour, the minimum wage in Florida. That brought in hotel bed tax revenue of over $200 million, also a record for Orange County, Florida.Įven before the park was built, its economic impact on Florida was being touted. In 2014, Orlando saw a record 32 million hotel room nights sold. In Central Florida, the proportion was even higher, at 6%.ĭisney is also the largest taxpayer in Central Florida, making the park a revenue boon for the government. The same report found that in 2009, more than 1 in 50 employed Floridians had a job tied directly or indirectly to Disney World and its resorts. According to a 2011 report, “The $18.2 billion in annual economic activity generated locally by Walt Disney Parks and Resorts accounts for 2.5 percent of Florida’s gross domestic product.” (Disney World outperforms California’s Disneyland).ĭisney World does wonders for the Florida economy. Between 20, guest spending at Disney World increased by 7%, with higher attendance to match.
In 2015, Walt Disney Co. reported 10% revenue growth over 2014, driven by a combination of higher theme park attendance at Disney World and, of course, sale of “Frozen” merchandise. That year, admissions alone brought in $5 billion, not including food and other in-park sales, which combined total an additional $5 billion. That’s a little under the population of New York state, and 3 million over the population of the Netherlands. In 2014, Disney World received a record 19 million visitors. The Magic Kingdom at Walt Disney World is the world’s most popular theme park. You also risk paying for admission you might not end up using if you get tired of the park. However, if you buy a multi-day pass, stay longer and spend more on food, transportation, lodging and shopping you might not reap much in the way of savings. That’s much cheaper than the per-day rate of a $105 single-day ticket. For example, a five-day pass costs $315, which works out to $63 per day. There are discounts for multi-day passes. The price increases have been steep and frequent since then. Back in 2000, admission for one adult stood at $46. The climb in the price of tickets to Disney World has far outpaced inflation – and during a period when many Americans’ wages haven’t kept up with inflation. Adjusted for inflation, that’s $20.48 in 2015 dollars. But the high prices of visitor passes have led some critics to accuse Disney World of “leaving the Middle Class behind.”īack when the park first opened in 1971, admission cost just $3.50 for an adult. Is Disney too expensive?ĭepending on your budget, you may or may not be daunted by the cost of a visit to Disney World. Disney guests are allowed to bring food items into the park, as long as the food doesn’t require heating. You can also save on Disney World expenses by bringing your own food.
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You can find cheaper lodging outside of the Disney World resort hotels, but you may decide you want to splash out to have the full Disney World experience.
You’ll save money if you can make your trip to Disney World a day trip, but depending on where you live that might not be realistic. Disney offers an interactive Disney vacation budget estimator that can help you calculate your costs. It doesn’t include transportation, lodging, food or shopping. A family of two adults and two children between 3 and 9 would pay $434.54, including tax, for a single day at Disney World. How much does it cost to go to Disney World?įor those 10 and older, the cost of a one-day pass to Disney World is $105 (Florida residents pay $97).
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