Disney updating features of line-skipping passes

The changes to Genie+ and individual Lightning Lane entries are in response to guests saying they want to be able to 'do more of their planning' ahead of time, Disney said

[video_shortcode_video_embed src="https://video.foxbusiness.com/v/video-embed.html?video_id=6355674800112&d=video.foxbusiness.com" itemprop="image" content="https://video.foxbusiness.com/v/video-embed.html?video_id=6355674800112&d=video.foxbusiness.com" data-src="https://video.foxbusiness.com/v/video-embed.html?video_id=6355674800112&d=video.foxbusiness.com"]

Why should investors consider Disney?

'The Claman Countdown' panelists Bankim Chadha and Thomas Hayes unpack investing in cyclical stocks.

Disney is changing the names of its line-skipping passes and how they work at its Florida theme parks in late July.

Genie+ will rebrand to "Lightning Lane Multi Pass" beginning July 24, Disney said Tuesday. At the same time, the entertainment giant will start referring to its individual Lightning Lane entry as "Lightning Lane Single Pass."

The updated passes will "blend features from our current services and the previously offered FastPass+ Service, giving guests the choice to plan ahead and removing the hassle of planning during their vacation" in Florida, according to Disney’s blog post.

Disney World

People walk in front of Cinderella's Castle at the Magic Kingdom Park at Walt Disney World on May 31, 2024, in Orlando, Florida. (Gary Hershorn/Getty Images / Getty Images)

Disney said it sought to alter the two services after guests told the company they "would prefer to have the option to do more of their planning before their theme park day."

DISNEY SPENDING: NEARLY 50% OF PARENTS WITH YOUNG CHILDREN TAKE ON DEBT FOR THEME PARK TRIP

With both updated pass types, Disney Resort hotel guests will have the ability to book attractions a maximum of seven days in advance for their whole trip provided it’s shorter than two weeks long, the entertainment giant said. The capability applies to guests at certain other hotels too.

Ticker Security Last Change Change %
DIS THE WALT DISNEY CO. 102.18 -0.02 -0.02%

The advance purchase window will be three days for Disney World visitors not staying at eligible hotels.

Disney said the Lightning Lane Multi Pass allows Disney World visitors to pick three attractions and view timeslots ahead of time. Attractions like Space Mountain, Haunted Mansion, Mission: SPACE and Rock ‘n’ Roller Coaster Starring Aerosmith, according to the company.

DISNEY SET TO INVEST $17B IN FLORIDA PARKS FOLLOWING APPROVAL DEVELOPMENT PLAN

The Lightning Lane Single Passes will similarly show time slots before purchases. Examples of attractions the single passes can be used for include TRON Lightcycle, Star Wars: Rise of the Resistance and Avatar Flight of Passage.

Disney World entrance

A sign near an entranceway to Walt Disney World on in Orlando, Florida. A woman is suing over injures she claims occurred while riding a water slide in a resort hotel.  (Joe Raedle/Getty Images / Getty Images)

Disney said it will not roll out all the updates to its California theme park, Disneyland.

The ways Disneyland customers "purchase, select and redeem Lightning Lane passes" there will "remain the same" as they are now, Disney said.

Disney’s parks and experiences are a major revenue driver for the company.

Disney+ logo

Attendees are reflected in Disney+ logo during the Walt Disney D23 Expo in Anaheim, California on September 9, 2022.  (PATRICK T. FALLON/AFP via Getty Images / Getty Images)

Its domestic parks and experiences, which Disney World and Disneyland fall under, brought in nearly $5.96 billion in revenue for the second quarter. Quarterly operating income for domestic parks and experiences was $1.6 billion.

DISNEYLAND'S CHARACTER ACTORS AND PERFORMERS VOTE TO UNIONIZE

For international parks and experiences, Disney saw $1.52 billion in revenue and $292 million in operating income for the same three month period.

CEO Bob Iger said in May the company was "focused on turbocharging growth with a number of long-term strategic investments" for its experiences division.

OTHER NEWS

27 minutes ago

What makes for a good investor?

28 minutes ago

West Memphis Three attorney reveals haunting new theory about horrific murders of three 8-year-old cub scouts - as shocking case is reopened

28 minutes ago

Max Verstappen secures pole position for the Austrian Grand Prix as triple world champion follows victory in sprint race on Red Bull's home track by finishing ahead of Lando Norris and George Russell

28 minutes ago

Kieran Trippier fitness update as England head back to Gelsenkirchen for Euro last-16 clash with Slovakia, fearing a possible left back crisis

28 minutes ago

Video: All the 'sightings' of Jay Slater since he vanished after going to Tenerife nightclub - as hunt for missing Brit, 19, enters its seventh day

28 minutes ago

After 42 Royal Caribbean cruises, I still make 1 huge mistake

28 minutes ago

Carnival Cruise Line suggests an alternative to hiding ducks

28 minutes ago

Zelda: Tears of the Kingdom Cosplayers Recreate Sonia and Rauru

28 minutes ago

Copa America Takeaways: U.S., Mexico drop the ball in Matchday 2

32 minutes ago

Construction workers more likely to commit suicide than any other occupation

34 minutes ago

‘Reminder we are all humans’: Glastonbury’s Terminal 1 shows dark side of arriving in UK

34 minutes ago

We do want to get to 2.5% spending on Nato - Sir Keir Starmer

34 minutes ago

After the vote: what would happen in the first days of a Starmer government?

34 minutes ago

For Its 10-Year Anniversary, Mielle Organics Partners With Actively Black To Launch Limited Edition Athleisure Collection

34 minutes ago

Mark Cuban's Take on Joe Biden v. Donald Trump Debate

34 minutes ago

Why Is Dodge Discontinuing The HEMI Engine?

34 minutes ago

NZ poll reveals slight increase in support for the Coalition government

34 minutes ago

Cyndi Lauper review, Glastonbury 2024: A celebratory reminder of a career well spent

35 minutes ago

Max Verstappen continues Austria GP domination with pole position

35 minutes ago

Wicketkeeper Jamie Smith set to replace Jonny Bairstow in England Test squad

35 minutes ago

Tropical Storm Beryl forecast to become a major hurricane as it approaches the southeast Caribbean

35 minutes ago

NCIS: Kate's Death Has A Detail You Can't Unsee Thanks To Michael Weatherly

36 minutes ago

Orlando Cepeda Dies: Hall Of Famer Known As ‘The Baby Bull’ Was 86

38 minutes ago

Iran will hold a runoff election between a reformist and a hard-liner

39 minutes ago

Weight loss jabs should be given to obese children as young as 12, says one of the world's most senior doctors

39 minutes ago

Mark Cavendish throws up and is cooled off by team-mates, while still riding his bike, on day one of the Tour de France as 35 degree heat hits hard

39 minutes ago

Pornub reveals unusual traffic on its X-rated site during the Trump and Biden presidential debate

39 minutes ago

Former Mormon details the kids' songs that the ultra-strict church uses to 'brainwash' children

39 minutes ago

Royal fans share their vivid reactions to King Charles' new portrait as it is released on Armed Forces Day

39 minutes ago

Keir Starmer backs Rishi Sunak saying he 'shares his disgust' after Reform activist hurled racist slur at Prime Minister and said migrants should be used for 'target practice'

40 minutes ago

3 of the best ASX 200 stocks to buy in FY25

40 minutes ago

Sparks drop final game of road trip against Mercury

41 minutes ago

Howzat! SABC to broadcast T20 World Cup final live

41 minutes ago

Mark Cavendish struggling with stomach and heat issues during opening Tour de France stage

41 minutes ago

Wimbledon men’s singles draw: 5 takeaways – ft. Novak Djokovic, Jannik Sinner, Carlos Alcaraz

41 minutes ago

I’m an Economist: Here’s Why I Don’t Think Americans’ Finances Will Ever Fully Recover From Inflation

41 minutes ago

Ukrainians released from captivity

41 minutes ago

Former Chelsea player's son signs first professional contract, as his dad declares himself 'really proud' and John Terry sends congratulatory message

41 minutes ago

Wet June sees major Atlantic Canada city break monthly rainfall record

41 minutes ago

Using past deadlines to understand Blue Jays’ 2024 options