Disney reports double the revenue for theme park division over last year

Posted Thursday, May 12, 2022 9:26 AM | Contributed by Jeff

Disney’s parks, experiences and products segment saw revenues more than double to $6.7 billion during the quarter, compared to the prior-year period. The company said growth was fueled by increased attendance, hotel bookings and cruise ship sailings as well as higher ticket prices and higher spend on food, beverage and merchandise.

Disney said its domestic parks are beginning to see the return from international travelers, but not at the levels the company saw before the pandemic. This group of visitors once accounted for 18% to 20% of guests.

Additionally, not all of its international parks have been open full-time during the last quarter. While Paris Disneyland is celebrating its 30th anniversary, Shanghai Disneyland and Hong Kong Disneyland each experienced temporary closures due to local Covid spikes.

Read more from CNBC.

Thursday, May 12, 2022 11:44 AM
Raven-Phile's avatar

I don't even want to see how it looks when that international travel number gets higher. I've never seen the amount of people at WDW that I have on my recent visits. It's a weird fluctuation, too. The parks were manageable most of the time - we were even able to get a table outside of Casey's last month AND enjoy 2 less-crowded half-ish days at Magic Kingdom. EPCOT bonus late hours? Forget about doing anything that night - Remy was over a 2-hour wait, but World Showcase was pleasant to stroll around during the day, so the crowds waited to filter in at night.

Disney Springs was the most miserable I've ever seen it. Shoulder-to-shoulder-to-shoulder-to-shoulder people. Bars were completely full - some with lines wrapped around the side of the building, and the beer carts were 50 people deep. It took us over an hour to walk a loop around and get back to the bus stop - the only store we shopped in was Uniqlo, and you couldn't get to the t-shirts if you wanted to. What an odd time to be a theme park fan.

Thursday, May 12, 2022 1:45 PM

To be fair, the entire WDW Parks & Resorts division will be bankrupt and the entire WDW resort complex will be the next Geauga Lake by this time next year due to how woke they have become. At least that's what my governor told me on the Fox News.

Thursday, May 12, 2022 2:35 PM
Jeff's avatar

And they put Frozen in Epcot, which Walt would not do, and therefore it dooms the resort.

Jeff - Editor - CoasterBuzz.com - My Blog - Phrazy

Thursday, May 12, 2022 6:24 PM
Raven-Phile's avatar

There goes rotisserie Walt again...

Thursday, May 12, 2022 7:20 PM
ApolloAndy's avatar

WDW is too short. At least according to the POV. Also too many trims and bad capacity

Hobbes: "What's the point of attaching a number to everything you do?"
Calvin: "If your numbers go up, it means you're having more fun."

Thursday, May 12, 2022 7:51 PM
Raven-Phile's avatar

Still, though. WDW > RRR

Thursday, May 12, 2022 10:36 PM

You know you've been on Coasterbuzz too long when you can predict the memes that will appear in a thread.

Friday, May 13, 2022 6:39 AM
Raven-Phile's avatar

Well, then, I guess that means you’ve figured out what has happened to Coasterbuzz.

Friday, May 13, 2022 8:19 AM
Vater's avatar

I could not predict
That anyone was going
To write a haiku

Friday, May 13, 2022 11:14 AM
kpjb's avatar

or Maverick.



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