The good news for Walt Disney (NYSE: DIS) theme park buffs on the West Coast is that Disneyland is bringing back its annual passes this week. The bad news is that they are only available as renewals. Oh, and they're priced 8% to 16% higher than they were when the resort briefly reintroduced the year-round admissions last summer. And on top of all that, they are more restrictive in some ways.
The higher price points aren't a surprise. Most of the country's gated attractions have jacked up their prices over the past year to keep up with rising labor costs and other inflationary pressures. Not selling the passes to potentially new annual pass holders -- for now -- also makes sense. Disney makes more on a guest with a one-day ticket than it does that day from an annual pass holder paying $1 to $4 a day over the course of a year for access. The restrictions part is where things start to get thorny, and this is why regulars at Disney's much larger resort in Florida have to be wondering if some of these changes are coming to Disney World.
Image source: Disney.
Source Fool.com