A trip to your favorite theme park is getting more expensive.
Disney (NYSE:DIS) raised its one-day ticket prices over the weekend. The family entertainment giant boosted rates at both its California and Florida theme parks. The big story here is that -- for the first time -- Disney is raising prices higher at one of its Florida theme parks. Instead of uniform one-day pricing at all four of its parks, Disney's Magic Kingdom is going from $89 to $95. The three other Florida parks will be only going up to $90.
The move comes after recent moves to jack up single-day prices at neighboring attractions. SeaWorld (NYSE:SEAS) and Comcast's (NASDAQ:CMCSK) Universal Orlando also recently pushed prices of their Central Florida attractions higher.
There may be outrage given the dramatic one-day prices, but isn't it that way every year? In this video, longtime Fool contributor Rick Munarriz explains why it's not as big a deal as the media is making it out to be.
Longtime Fool contributor Rick Munarriz owns shares of Walt Disney. The Motley Fool recommends Walt Disney. The Motley Fool owns shares of Walt Disney. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.