Hong Kong Disneyland Resort Photo: iStock

Hong Kong Disneyland Resort has announced immediate increases in ticket prices after trimming its losses in the last fiscal year.

The theme park announced on Tuesday that the cost of one-day admission for an adult would rise 3.2% to HK$639 (US$81.5) and go up 3.7% to $475 for a child, according to its press release.

Two-day tickets for adults and children are priced at HK$825 and HK$609 respectively, up from HK$799 and HK$589.

The latest increases are the smallest ever for Hong Kong Disneyland, which hiked its prices by almost 6% in December 2017.

The ticket prices for seniors aged 65 or above and Magic Access Memberships remain unchanged.

The new prices took effect on Wednesday.

The theme park also offered that existing annual pass members can renew membership at a discount.

For the year ended September 28, 2018, the resort reduced its net losses to HK$54 million from the HK$345 million deficit it reported in 2017. Annual attendance increased by 8% year-on-year to 6.7 million. Locals accounted for 40% of visitors, while mainland visitors constituted 34% of all admissions.

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