Disney CFO Christine McCarthy commented during the 2022 Q1 earnings call that the domestic parks have seen a “more favorable guest and ticket mix” after announcing that per capita spending rose to 40% versus Q1 2019, which was pre-pandemic.

Disney credited much of the increase to Genie+ and Lightning Lane, but the “ticket mix” comment may allude to the discontinuation of most Annual Pass sales. An oft-repeated opinion in the industry is that Passholders aren’t as profitable on a day-to-day basis as single- or multi-day ticketed guests.

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