Bob Chapek Says Focusing on Guest Spending Allows Disney to Not ‘Rely Solely on Raising Ticket Prices’ to Increase Parks Revenue

During the 2022 second quarter earnings report call today, Disney CEO Bob Chapek stated that the much-criticized Park Pass reservation system is “exceeding expectations.” He has long praised the system to forecast costs and revenue, and alongside the number of guests willing to purchase Genie+ (or Premiere Access for Disneyland Paris), they “don’t need to rely on raising ticket prices” to increase revenue.

The company boasted a 20% increase in per capita spending since Q1 of 2022 and a 40% increase over 2019. This has been largely attributed to Genie+ and Individual Lighting Lane as well as price increases on food and merchandise.

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