Disney World Cancels a Popular Halloween Event in 2020
Halloween will be more trick than treat at the world's most popular theme park this year. Disney (NYSE: DIS) is canceling Mickey's Not-So-Scary Halloween Party, a premium-priced event that takes place on select nights from mid-August to early November at Disney World's Magic Kingdom in Florida.
Halloween itself may not be coming for several more months, but we're really less than two months away from the first of the event nights. It's a pretty big deal for Disney, as the seasonal event is a significant moneymaker for the theme park. The Magic Kingdom closes early to day guests on the roughly three dozen event nights, only to reopen for tens of thousands of guests, who paid between $79 and $135 apiece last year, to enjoy trick-or-treat stations and unique character meet-and-greet opportunities.
Fans of the event won't be pleased, but with all the money that Disney will have to forgo with this new-normal move, it's fair to say that its shareholders also won't be pleased with the emptier treat bags they'll be holding through the next two quarters.
Source Fool.com
