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Visiting a Disney Park With Your Family Just Became Much Cheaper as Disneyland, Disney World Slash Ticket Prices for Children The discounts will be redeemable beginning in early 2024.

By Emily Rella Edited by Jessica Thomas

Key Takeaways

  • Disneyland and Disney World will roll out discounts for children this fall as the parks attempt to increase attendance records.
  • Children aged three to nine will be eligible for the new deals that will be redeemable beginning next year.

Opinions expressed by Entrepreneur contributors are their own.

Finally some good news for those hoping to take their families to one of Disney's parks in the near future.

The Walt Disney Co. announced that children's tickets at California's Disneyland and Orlando's Disney World would be discounted beginning October 24.

Children ages three to nine are included in the new price cuts for tickets that will come "as low as $50 per child" with the option to purchase one, two or three-day passes, per a company blog post. The tickets will be valid for use in Disneyland from January 8, 2024, through March 10, 2024 with no blackout dates.

Views of Sleeping Beauty Castle at Disneyland in Anaheim, California (Getty Images)

For those seeking discounts in Florida, Disney World is offering half-off children's tickets and dining plans beginning November 14 if guests purchase a four-day and four-night vacation package for any resort on the property. The offer is valid to be redeemed from March 3, 2024, through June 30, 2024.

Related: 'Everyone Is Freaking Out': Disney Explores Sale of ABC Network and Stations Amid Financial Challenges

The new price cuts come after a rough summer for the Orlando-based park that saw significantly smaller crowds than usual due to price hikes and summer heat waves. The Wall Street Journal reported that wait times at the park's Magic Kingdom on July 4 were 27 minutes on average, according to data from travel company Touring Plans. Average waits were 31 minutes on July 4 in 2022 and 47 minutes in 2019.

Last month, Disney was forced to pay a $9.5 million class action settlement in California after Disneyland Magic Key pass holders alleged that they were unable to book park reservations on certain dates of their choosing, despite being told that there were no blackout dates.

Crowds fill Main Street USA in Walt Disney World, in Lake Buena Vista, Florida (Getty Images)

Employees at the company were also reportedly "freaking out" last month amid reports that Disney was considering offloading its ABC network and television stations due to ongoing financial challenges.

The company had a mixed bag of a fiscal Q3 2023, though its parks, experiences and products division brought in $8.3 billion in revenue, a 13% quarterly increase.

Related: A Woman Is Suing Disney World After Suffering 'Injurious' Waterslide Wedgie at Typhoon Lagoon

"Moving forward, I believe three businesses will drive the greatest growth and value creation over the next five years," Disney CEO Bob Iger said at the time. "They are our film studios, our parks business and streaming, all of which are inextricably linked to our brands and franchises."

The Walt Disney Co. was down just over 21% in a one-year period as of Thursday morning.

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

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