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NEWS
Universal Hollywood accommodating Potter fanatics with new variable pricing strategy
POSTED 03 Feb 2016 . BY Tom Anstey
Hollywood’s Wizarding World has been under development for the past five years, with the highly anticipated attraction scheduled to open on 7 April Credit: Universal Studios Hollywood
In anticipation of the arrival of its Wizarding World of Harry Potter attraction, Universal Studios Hollywood is preparing to introduce a variable pricing strategy for the park, becoming the first major theme park in the US to do so.

The pricing strategy – which sees consumers pay less to enter during quiet times of the year but more during peak trading periods – is likely to end up in more theme parks across the US in the not-too-distant future, with the likes of Disney asking annual US theme park pass holders their opinion on such a payment system. Disney already uses variable pricing at its Paris theme park, which varies between US$85 (€78, £59) and US$101 (€93, £70) depending on the day.

The new pricing strategy by Universal would mean entry to the California theme park would remain at US$95 (€87, £66). If visitors book online for low-demand days they can save as much as US$20 (€18, £14). Booking online on a peak day will also produce a saving, but only of US$5 (€4.60, £3.50). The park isn’t currently increasing its maximum entry price, though that could change in the future.

Part of the idea behind the strategy is to help manage park operations. With people buying online, park management can get get a clearer idea of daily attendance in advance.

With Harry Potter expected to spike visitor numbers at the park, Universal hopes its new fluctuating pricing strategy will help to spread out attendance spikes through the year, mitigating quieter periods and ensuring fewer guests are turned away at peak times.

Hollywood’s Wizarding World has been under development for the past five years, with the highly anticipated attraction scheduled to open on 7 April. Universal has achieved exceptional theme park attendance and profit growth on the back of Potter attractions at Universal’s parks in Orlando and Japan.

RELATED STORIES
  Warner Bros Studio Tour celebrates 15 years of Harry Potter with full calendar of special events


The Warner Brothers Studio Tour London – The Making of Harry Potter, has lined up a host of special events for 2016 as the visitor attraction celebrates 15 years since the release of the first Harry Potter film.
  Universal Studios Hollywood releases teaser tour of Harry Potter world


Universal Studios Hollywood has released a teaser video to get fans excited about the upcoming opening of the Wizarding World of Harry Potter at the Los Angeles, California park.
  Harry Potter drives attendance as Universal racks up record numbers for Q3


Universal has continued its theme park growth spearheaded by Harry Potter, with parent company Comcast reporting record attendance at its theme parks in Orlando and California.
  Harry Potter drives success for Universal as Comcast records huge earnings for Q2


Harry Potter has been a resounding success for Universal’s theme parks, after the boy wizard helped the company rake in millions of dollars in revenue for the first half of 2015.
MORE NEWS
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
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David & Lynn Willrich started the Company over thirty years ago, from the Audio Visual Department [more...]
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Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
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TechnoAlpin is the world leader for snowmaking systems. Our product portfolio includes all different [more...]
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IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
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NEWS
Universal Hollywood accommodating Potter fanatics with new variable pricing strategy
POSTED 03 Feb 2016 . BY Tom Anstey
Hollywood’s Wizarding World has been under development for the past five years, with the highly anticipated attraction scheduled to open on 7 April Credit: Universal Studios Hollywood
In anticipation of the arrival of its Wizarding World of Harry Potter attraction, Universal Studios Hollywood is preparing to introduce a variable pricing strategy for the park, becoming the first major theme park in the US to do so.

The pricing strategy – which sees consumers pay less to enter during quiet times of the year but more during peak trading periods – is likely to end up in more theme parks across the US in the not-too-distant future, with the likes of Disney asking annual US theme park pass holders their opinion on such a payment system. Disney already uses variable pricing at its Paris theme park, which varies between US$85 (€78, £59) and US$101 (€93, £70) depending on the day.

The new pricing strategy by Universal would mean entry to the California theme park would remain at US$95 (€87, £66). If visitors book online for low-demand days they can save as much as US$20 (€18, £14). Booking online on a peak day will also produce a saving, but only of US$5 (€4.60, £3.50). The park isn’t currently increasing its maximum entry price, though that could change in the future.

Part of the idea behind the strategy is to help manage park operations. With people buying online, park management can get get a clearer idea of daily attendance in advance.

With Harry Potter expected to spike visitor numbers at the park, Universal hopes its new fluctuating pricing strategy will help to spread out attendance spikes through the year, mitigating quieter periods and ensuring fewer guests are turned away at peak times.

Hollywood’s Wizarding World has been under development for the past five years, with the highly anticipated attraction scheduled to open on 7 April. Universal has achieved exceptional theme park attendance and profit growth on the back of Potter attractions at Universal’s parks in Orlando and Japan.

RELATED STORIES
Warner Bros Studio Tour celebrates 15 years of Harry Potter with full calendar of special events


The Warner Brothers Studio Tour London – The Making of Harry Potter, has lined up a host of special events for 2016 as the visitor attraction celebrates 15 years since the release of the first Harry Potter film.
Universal Studios Hollywood releases teaser tour of Harry Potter world


Universal Studios Hollywood has released a teaser video to get fans excited about the upcoming opening of the Wizarding World of Harry Potter at the Los Angeles, California park.
Harry Potter drives attendance as Universal racks up record numbers for Q3


Universal has continued its theme park growth spearheaded by Harry Potter, with parent company Comcast reporting record attendance at its theme parks in Orlando and California.
Harry Potter drives success for Universal as Comcast records huge earnings for Q2


Harry Potter has been a resounding success for Universal’s theme parks, after the boy wizard helped the company rake in millions of dollars in revenue for the first half of 2015.
MORE NEWS
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
Museum director apologises after comparing the city of Florence to a sex worker
Museum director Cecilie Hollberg has come under fire for comparing the city to a sex worker due to uncontrolled mass tourism.
Populous reveals plans for major e-sports arena in Saudi Arabia
Populous have unveiled their plans for a state-of-the-art e-sports arena, designed to stand as a central landmark in Qiddaya City’s gaming and e-sports district, Saudi Arabia.
Raby Castle reveals ambitious plans to become a major visitor destination
Raby Castle, known as one of the finest medieval fortifications in England, is nearing the end of an ambitious two-year renovation project.
+ More news   
 
COMPANY PROFILES
DJW

David & Lynn Willrich started the Company over thirty years ago, from the Audio Visual Department [more...]
Sally Corporation

Our services include: Dark ride design & build; Redevelopment of existing attractions; High-quality [more...]
TechnoAlpin

TechnoAlpin is the world leader for snowmaking systems. Our product portfolio includes all different [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

08-08 May 2024

Hospitality Design Conference

Hotel Melià , Milano , Italy
10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

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