Utah's Zion National Park is popular, and its towering sandstone cliffs, narrow slot canyons, and diverse landscapes make it especially busy in the summertime.
09.02.2024 - 10:50 / skift.com / Bob Iger / Dawit Habtemariam
Disney plans to invest billions of dollars into expanding the capacity of its theme parks and cruise lines, executives said during a first-quarter earnings call Wednesday.
“You can pretty much conclude [the investments] will be all over, meaning every single one of our locations will be the beneficiary of increased investment and thus increased capacity, including [Halloween] on the High Seas, where it’s building three more ships,” said Disney CEO Bob Iger.
Disney plans to invest $60 billion in its parks and experience division over the next decade. About 70% of that investment is earmarked for incremental capacity-expanding investments. Every Disney theme park and cruise line will receive a portion of the investment.
Iger continued to build on comments he made last November that he wants Disney to focus on “turbocharging growth” at its parks and experiences division.
During the first quarter, Disney Parks and Experiences operating income and revenue reached “all-time records,” said Iger. The division generated $9.1 billion in revenue, up 4% from last year.
Operating income on the domestic side totaled $2.1 billion, down 2% from last year. Disney executives largely attributed the decline to lower attendance and fewer room nights spent at Walt Disney World Resort.
For the international side, operating income amounted to $328 million, up from $79 million last year. Higher attendance and average ticket prices at Shanghai Disney Resort and Hong Kong Disneyland Resort were major contributors to the growth in operating income.
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Utah's Zion National Park is popular, and its towering sandstone cliffs, narrow slot canyons, and diverse landscapes make it especially busy in the summertime.
Lindblad Expeditions provided more detail Wednesday on an expanded marketing partnership with Disney to boost sales of luxury river and ocean cruises.
Historically, Disney World ticket price increases have been fairly predictable. Whether we wanted it to or not, about once a year, Disney would announce an incremental price increase that typically went into effect soon after the announcement. However, Disney has not raised ticket prices since 2022, when it announced two increases in the same year.
Guests staying at a Disney Resorts Collection property at Walt Disney World Resort will have access to a new perk in 2025: complimentary waterpark admission on check-in day.
I grew up going to Disney almost every year, and now that I am a parent, I've passed that tradition on to my children.
Disney World started taking 2025 reservations on Tuesday and announced a ticket price hike for next year. But park-goers who stay at one of 31 on-site Disney hotels will get a very cool perk: complimentary waterpark admission on check-in day.
Disney World is making a splash in 2025 adding even more magic to those staying at one of its many on-site resorts.
Walt Disney World is making it even more appealing to book a vacation at the Orlando park in 2025.The entertainment giant just announced that Disney Resort hotel guests visiting next year can enjoy free admission to one of its popular water parks – Typhoon Lagoon or Blizzard Beach – on check-in day as part of a stay.The free day at the water parks, which feature lazy rivers, wave pools, and interactive play areas, will only be made available to guests staying at properties within the Disney Resorts Collection.“With this water park benefit, it’s easy to unwind on the day you arrive. Get ready to zip down thrilling water slides, relax on sandy beaches, float along a lazy river... and let your cares drift away,” states the Disney website announcement.Additional details about the new water park benefit will be made available by Disney later this year. Details will also be provided to guests who have booked a stay at a Disney Collection property in advance of arrival at the park.But Disney has confirmed that the water park benefit is exclusive to registered guests staying at a Disney Resort hotel with check-in dates between January 1, 2025 and December 31, 2025. Additionally, all guests must be on the room reservation.And to be clear, the water park benefit is only available on the day of check-in at a resort property.Walt Disney World resort stays and theme park tickets for 2025 are available for purchase starting tomorrow (February 27, 2024).
Walt Disney World regularly offers discounts to help guests save money on their vacations, but it does not often give things away completely for free. However, for vacations in 2025, Disney is doing just that.
When thinking of national parks, many people imagine vast tracts of land and scenic drives through awe-inspiring mountain, forest, or desert scenery.
Against a backdrop of golden sand and turquoise-lined islands, Abu Dhabi is packed to the dunes with kid-friendly adventures. And thanks to the traditional warm Arabian hospitality afforded to all visitors in this part of the world, families headed to the UAE capital can expect a warm welcome.
Long before a solid first quarter of earnings, the Walt Disney Company has become emboldened and has talked about a $60 billion expansion of its experiential offerings.