Heading to a Disney theme park? More attendees are going into debt for the trip, survey says
LA TimesWith inflation and rising theme park costs, more Disney park visitors are going into debt to pay for their trips, according to a recent survey. Twenty-four percent of Disney theme park attendees have taken on debt for a trip, up from 18% in 2022, concluded a survey by financial firm Lending Tree, which queried about 2,000 people last month. But many of those parents were willing to borrow money to finance their Disney trips — 59% of those who went into debt for their trips said they had “no regrets.” “For so many parents, taking their kids to Disney is a rite of passage, something they remember fondly from their youth and want to experience with their kids,” LendingTree chief credit analyst Matt Schulz said in a statement. The company’s so-called “experiences” division, which is heavily anchored by its theme park empire, brought in about 70% of Disney’s operating income last year.
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