Euro Disney loss cut in half, revenue up for fiscal year

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.

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