In response to a potential recession, Disney CFO Christine McCarthy said today that Disney could modify annual pass blackout dates if demand decreases.
McCarthy said on the earnings call “To the extent which perhaps you had lightened demand, you could loosen up some of those [blackout dates] to bring more people in the Park and just enjoy the Park and spend money while they’re there. And also as it relates to demand we have not yet seen demand abate at all. And we still have many days when people cannot get reservations. So we’re still seeing demand in excess of the reservations that we are making available for our guests.”
The sale of new annual passes has largely been halted since November 2021 at Walt Disney World, with renewals still being offered. Meanwhile at Disneyland, the Magic Key pass also sold out last November, and Key Holders continue to await news of renewals as expiration dates loom. Most annual passes are restricted by blackout dates, but those could be modified to get more guests in the parks if demand were to decrease.