Even though Hocus Pocus 2 wasn't a runaway success, it seems that Disney is keen on making a third. Star Bette Midler comments on the script for Hocus Pocus 3.
“Well, you know, they sent a script, and a lot of it was brilliant,” she said. “So I got very excited, and now we’re trying to figure out what it is and where it’s going to be and how much it’s going to cost and all those logistical things.”
Source: Variety