Posted Thursday, November 8, 2007 9:43 AM | Contributed by Jeff
Revenues for the Fiscal Year increased 12% to EUR 1,220.3 million primarily reflecting volume growth in theme parks attendance and hotel occupancy. Theme parks revenues increased 14% to EUR 658.6 million, primarily due to an increase of 1.7 million in attendance to 14.5 million for the Fiscal Year. Hotels and Disney(R) Village revenues increased 17% to EUR 483.0 million, driven by a 10% increase in average spending per room and an increase of 5.8 percentage points in the hotel occupancy rate. Real estate revenues decreased EUR 10.1 million to EUR 19.3 million due to lower activity during the Fiscal Year.
Read the press release from PR Newswire.
Congratulations to Euro Disney SCA... They finally managed to turn the ship around.
Okay - but what overall percentage are they at now? Hasn't that been the problem that was sinking the ship all these years? Mr. Eisner's gazallion hotel rooms that weren't needed?
What's crushing the resort right now is the 2.5 billion euros debt. They declared a loss this year due to the 90 millions euros interests.
You must be logged in to post