In this issue of the Weekly Disney Round-Up: There’s just been a huge shakeup at Disney, a bunch of updates on the Disney business front, plus a new bakery heading to Disney Springs.
This is your roundup of Disney news for the week of November 14, 2022.
Walt Disney World announces ticket price increase: Ticket prices are on the rise! Walt Disney World has announced park-specific pricing for 1-Day, 1-Park tickets, effective December 8. Ticket price will vary by park and date.
Annual Passes on hold through 2022: There will be no Annual Passports in 2022. When Disney made the recent announcement that the price of a Walt Disney World Annual Passport will increase, there was speculation that Annual Passports would be available for purchase once the price increase goes into effect in December. . However, there is no indication of when those passes will be on sale again. It is reported that guests wishing to purchase an Annual Pass will not be able to do so until sometime in 2023.
Layoffs and hiring freezes coming to Disney: A memo from Disney CEO Bob Chapek released earlier this week indicated layoffs and a hiring freeze within the Walt Disney Company would soon follow. It’s unclear if Walt Disney World will be affected by the cuts.
More information about Disney affordable housing has been released: Affordable Housing Coming to Central Florida! Earlier this year, we shared the news of plans for a new affordable housing development project to be built in Central Florida, more specifically, in close proximity to the Disney theme parks.
The Cake Bake Shop comes to Disney Springs: Sweet treats are coming to the boardwalk! As Disney’s Boardwalk continues to add new offerings and refreshed spaces for guests to enjoy, we’re excited to share with you that Gwendolyn Rogers’ The Cake Bake Shop is coming to The Boardwalk in 2023!
EPCOT International Holiday Festival Food Guide: The EPCOT International Holiday Festival presented by AdventHealth will kick off on November 25 and run through December 30. EPCOT will be giving us our seasonal fix as we enjoy the festivities around the world with this festival classic.
Daytime Christmas Parade Presented at Magic Kingdom: More Ho Ho Ho! in the Magic Kingdom! From December 23 through December 31, 2022, Guests visiting the Magic Kingdom will be able to view “Mickey’s Once Upon a Christmastime Parade,” twice daily, at noon and 3:00 p.m.
Chapek out, Iger back as Disney CEO
Disney has issued the following statement:
“The Walt Disney Company (NYSE: DIS) announced today that Robert A. Iger is returning to lead Disney as Chief Executive Officer, effective immediately. Mr. Iger, who spent more than four decades with the Company, including 15 years as its CEO, has agreed to serve as Disney’s CEO for two years, with a mandate from the Board to set the strategic direction for renewed growth and work closely together. with the Board in developing a successor to lead the Company at the end of his term. Mr. Iger succeeds Bob Chapek, who resigned from him.
Reports show that Iger knew of the changes on Friday, but Chapek only learned of them moments before: No advance warning for Chapek. CNBC reported that The Walt Disney Board was in discussions with Bob Iger on Friday night, November 18, about the possibility of returning as CEO. An agreement was reached between the two parties on Sunday night. Bob Chapek was notified of the decision, but not until moments before the announcement was made public.
disney cruise line
DCL returns to in-person assembly drills: On-site drills are back! As Disney Cruise Line continues to relax some of its last remaining pandemic regulations, the cruise line announced earlier this month that guests will no longer be required to present proof of a negative COVID-19 test (regardless of vaccination status). ) before sailing. Now, Disney Cruise Line has recently informed travel agents that, based on a review of its processes, “all Guests will be required to present themselves in person at their assigned meeting station at the scheduled time on the day of embarkation.”
Disney will buy massive cruise ship: Disney Cruise Line has announced that it will purchase and complete a previously unfinished cruise ship known as Global Dream in Wismar, Germany. Disney will rename the ship and add Disney-designed features.
Top Disney news this week: Chapek’s firing or the daytime holiday parades at the Magic Kingdom?