Disney Parks & Resorts profit up 20%

Posted Wednesday, February 4, 2015 9:47 AM | Contributed by Jeff

Operating profit at Walt Disney Parks and Resorts surged 20 percent, to $805 million, because of higher ticket, merchandise and food spending at Disney World in Florida and Disneyland in California, both of which had record attendance. Occupancy at Disney’s domestic hotels reached a stellar 89 percent.

Read more from The New York Times.

Monday, February 9, 2015 9:58 PM

Yet, they are laying off a large number of IT staff. I guess the outsourcing is just too common. It is easy with off the shelf products, but with all the customized in-house solutions, what a nightmare. Who is going to be around to bring the magic band experience to their cruise ships?

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Monday, February 9, 2015 10:09 PM
Jeff's avatar

That's not what's going on at all. A large percentage of those jobs are now new positions. They're not buying off-the-shelf stuff to run their increasingly complex enterprise. The amount of custom stuff they have is insane, and the stuff on the cruise ships is custom. Will more and more stuff go to consultants and third-party firms? Absolutely, but that's because companies that don't make software as their primary business are finally realizing how much they suck at it.


Jeff - Webmaster/Editor - CoasterBuzz.com - My Blog - Twitter - Video

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