Disneyland Paris ticket prices set to rise due to sales tax increase
Submitted by Nick Sim on Tuesday, August 30, 2011 08:52
Visitors to Disneyland Paris could face higher prices in order to help cut the French deficit.
Visitors to Disneyland Paris may soon face a major ticket price hike, after a massive increase in sales tax in France was announced.
This is Money reports that the tax will increase from 5.5 percent to 19.6 percent, as part of a range of measures introduced by President Nicolas Sarkozy to reduce the French deficit. Previously, theme parks had been subject to a lower rate of sales tax than other industries.
The news will come as a blow to Disneyland Paris, which will be forced to raise prices without receiving any additional revenue. One-day tickets for UK visitors currently cost £51 for adults and £45 for children, but could increase by more than £6 each as a result.
The Disneyland Resort Paris has struggled in recent years to service its massive debts, but had succeeded in increasing attendance during the first half of its 2010/2011 financial year. Attendance improved by 5% to 6.9 million between October 2010 and March 2011, with revenues also increasing by a similar percentage to €300.4 million.
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Source: This is Money
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