Walt Disney restaurant issues a ban on children


Walt Disney WorldSo isn't this ironic... a property on the grounds of The Walt Disney Company (NYSE: DIS)'s Disney World (reportedly the happiest place ON EARTH) is putting the kibosh on kids. To kick off the new year, the Victoria & Albert's restaurant on the grounds of the Grand Floridian Resort & Spa in Disney World is instituting a ban on customers under 10 (no word on whether Peter Pan fits into the ban).

Victoria & Albert's, which has a prix fixe menu staring at $90 (per person) is the only Disney restaurant with a AAA five-diamond rating. Jackets are required for men and women must wear dresses or pant suits. The restaurant's general manager, Israel Perez, was quoted on the AP wire as asserting "We want to be the restaurant that's available for that adult experience." Prior to the ban, only about three families a month dared to bring young children into the restaurant.

Exactly. Most families with small children wouldn't want to pay $90 per head for a dinner that the children would potentially shove around their plates. A five-diamond restaurant with a prix fixe menu isn't the ideal environment for kids, and parents know that -- Disney World should have a little faith in its visitors! As for providing the "adult experience," while Disney has billed itself for years as an ideal honeymoon destination or "adult vacation" escape, anyone who goes to Orlando to spend time with Mickey and friends recognizes that he or she is, after all, in Disney World. If you're not a fan of kids, you go somewhere else (speaking from experience).

As for Disney, the stock, along with the rest of the market, has been in a slump of late. In today's regular trading, the shares sank 2% and put in a new annual low.

Beth Gaston Moon is an analyst at Schaeffer's Investment Research.

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