![]() That’s especially the case as the Villas at Disneyland Hotel are now on sale and several other projects move forward.) Then there’s Walt Disney World… (Something we’ve known for a while–see our post from a few months ago on the Disney Vacation Club Sales Slump–but it’s interesting to hear the company acknowledge. That wasn’t the case for Walt Disney World or Disney Vacation Club, with the latter receiving a rare earnings call ‘shout out’ for lower unit sales. Even there, Disneyland and Disney Cruise Line continued to show strong results. In the prior year quarter, Shanghai Disneyland was only open for 3 days…so an easy comparison explains almost all of that growth!īy contrast, the domestic Parks & Resorts underperformed comparatively. This is mostly attributable to Shanghai Disneyland and, to a lesser extent, Hong Kong Disneyland. Higher operating results for the quarter reflected increases at primarily at the international parks, which were up 94%. This covers the good & bad of these results as they related to Walt Disney World & Disneyland, and why despite the strong headline performance for parks, attendance and resort reservations are both down.ĭisney Parks, Experiences and Products revenues for the quarter increased 13% to $8.3 billion. The Walt Disney Company has reported its third quarter fiscal year 2023 earnings, beating earning expectations and meeting revenue forecasts, but missing on Disney+ subscriber numbers.
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