Disney parks and resorts revenue up despite lower attendance

Posted | Contributed by Jeff

Though attendance decreased at the Disney parks for the quarter, which ended Oct. 1, per-person spending increased 7 percent because of higher prices and spending on food and beverages. Overall Disney domestic park attendance decreased 10 percent, but mostly because of the timing shift. If it hadn't been for that, attendance would have been down 3 percent. Disney's theme parks and resort division reported a 1 percent increase in revenue to $4.4 billion. Operating income decreased 5 percent to $699 million.