Disney World is raising prices for the second time this year — and it'll cost as much as $189 a day

Disney World is raising prices for the second time this year — and it'll cost as much as $189 a day
  • Disney World announced price increases starting in December that will vary based on the day and park.

  • Disney's parks had previously raised the price of its Genie+ service.

  • The parks have been a boon for the company this year, with revenue increasing from last year.

Walt Disney World in Florida is raising prices again — for the second time this year, and just in time for the holiday rush.

Disney World announced new single-day prices on Wednesday for its four different parks, beginning December 8. But prices will vary based on the park and the days people are attending:

  • Magic Kingdom will cost anywhere from $124 to $189 for one day; it will be most expensive around the nine days around Christmas and New Year's.

  • Hollywood Studios will cost $124 to $179.

  • EPCOT will cost between $114 and $179 for a single day.

  • The price range of a one-day ticket to Animal Kingdom will stay the same, from $109 to $159.

"We continue to focus on providing guests with the best, most memorable Disney experience, and we're doing that by growing our theme parks with incredible new attractions and offerings," a Disney spokesperson told The Wall Street Journal.

Disney "continues to provide a wide range of options to visit throughout the year, including our lowest-priced ticket of $109, which has not changed in more than four years," the spokesperson said.

Disney World's prices for its annual pass will also increase, with the most expensive pass rising from $1,299 to $1,399.

This is the second time this year that Disney has raised prices associated with its parks. It had previously raised the price of its Genie+ service at Disney World and California's Disneyland, which allows users to skip incredibly long lines.

The service cost $15 at Disney World and $20 at Disneyland. In October, the price increased to between $15 and $22 at Disney World, and to $25 at Disneyland.

Meanwhile, the company increased prices already at Disneyland in October.

Disney's parks have been a boon for the company during economic uncertainty. Disney said during its most recent earnings report that parks revenue increased from $5.5 billion in the same quarter last year to $7.4 billion this year.

Read the original article on Business Insider