{"id":68816,"date":"2023-10-04T20:21:05","date_gmt":"2023-10-05T00:21:05","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/disney-to-offer-discounts-on-childrens-tickets-at-theme-parks\/"},"modified":"2023-10-04T20:21:08","modified_gmt":"2023-10-05T00:21:08","slug":"disney-to-offer-discounts-on-childrens-tickets-at-theme-parks","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=68816","title":{"rendered":"Disney to offer discounts on children’s tickets at theme parks"},"content":{"rendered":"
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\u00a9 Reuters. FILE PHOTO: A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS\/Brendan McDermid\/\/File Photo<\/span>
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(Reuters) – Walt Disney <\/span><\/span> (NYSE:) said on Wednesday it will offer discounts on ticket prices for children at its theme parks for a limited period as it looks to boost traffic. <\/p>\n

Business at amusement parks took a hit during the pandemic in 2020 and 2021 as the spread of COVID-19 forced closures and hit attendance. <\/p>\n

The business had, however, rebounded strongly to become the media conglomerate’s main profit engine and also helped cushion losses in its Disney+ streaming business, but is lately showing signs of a slowdown in footfall. <\/p>\n

Disney CEO Bob Iger said in August during the third-quarter earnings conference call that the California-based company had seen “softer performance” at Walt Disney World, a part of its parks business, in Orlando. <\/p>\n

Although, Iger described the parks as “a tremendous business” and said Walt Disney World was still performing well above pre-pandemic levels. <\/p>\n

The company last month said it would nearly double its capital expenditure for its parks business to about $60 billion over the next 10 years. <\/p>\n

Beginning Oct. 24, Disney will offer children’s tickets at Disneyland Resort theme parks for as low as $50 for a day, which will be valid for use between Jan. 8 and March 10 next year, the company said in a blog post.<\/p>\n

Walt Disney World will also introduce a package offer on Nov. 14 for families with discounted children’s tickets for theme parks and dining plans, which can be used from March 3 through June 30 next year. <\/p>\n

The offers are valid only for children aged 3 to 9. <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. FILE PHOTO: A screen shows the logo and a ticker symbol for The Walt Disney Company on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 14, 2017. REUTERS\/Brendan McDermid\/\/File Photo (Reuters) – Walt Disney (NYSE:) said on Wednesday it will offer discounts on ticket prices for children […]<\/p>\n","protected":false},"author":1,"featured_media":3181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-68816","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nDisney to offer discounts on children's tickets at theme parks | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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