Disney reports strong earnings, hotel occupancy, slightly lower attendance

Posted | Contributed by Jeff

Disney's theme park revenue increased 6.6 percent to $4.4 billion, as visitors spent more. Operating income rose 8 percent to $994 million. Occupancy at its domestic resorts increased 3 percent in the last quarter. The timing of Easter was largely to blame for a 4 percent year-over-year drop in attendance at Walt Disney World and Disneyland.