Bob Iger travel tips

Here are two words you don't hear together very often: Disney and savings.

Good morning from Skift. It’s Wednesday, May 8. Here’s what you need to know about the business of travel today.

Disney’s executives said Tuesday they see strong attendance at the company’s theme parks and said they would be “leaning heavily” into cruises in the coming years.

Walt Disney wasn't shy about sharing even his most ambitious plans. In October 1954, while Disneyland was still under construction, the "Disneyland" television series debuted on ABC. Each episode gave viewers up-to-date progress reports on Walt's groundbreaking theme park in Southern California.

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.

It's a great time to be a Disney fan. Last September, during an investor summit in Orlando, Disney announced plans to "accelerate and expand investment" in its theme parks, cruise line and other vacation experiences — to the tune of $60 billion over the next decade.

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.

Bookings at Disney’s theme parks continue to be strong despite economic headwinds, company executives said in a Wednesday earnings call.

Disney has increased a variety of ticket and annual pass prices for both Disneyland and Disney World. 

Walt Disney said on Tuesday it would nearly double its capital expenditure for its parks business to about $60 billion over the next 10 years. Disney CEO Bob Iger and Josh D’Amaro, the company’s parks chief, announced the accelerated pace of investment at a gathering of Wall Street analysts and investors at Walt Disney World Resort in Orlando, Florida, focused on the company’s parks business.

It must be down there, buried deep. The still-beating heart of National Geographic. The spirit that once inspired every traveler’s soul.

The Walt Disney Company on Sunday announced that Bob Iger is returning to lead Disney as CEO, effective immediately. Iger succeeds Bob Chapek, who, the company said, has stepped down from his position.

Airbnb Mulls Removing Cleaning Fees as a Separate Charge: Hosts may be sabotaging their own bookings by levying excessively high cleaning fees. It is turning off many people to Airbnb, which is a concern for the company.

Josh D’Amaro, Disney Parks, Experiences and Products Chairman, could become the next CEO of The Walt Disney Company.

Walt Disney Corporation CEO Bob Iger is optimistic about the future of Disney theme parks, even as he announced his company was cutting 7,000 jobs from its workforce, reorganizing and slashing $5.5 billion in costs during Wednesday’s first quarter earnings call. 

Good morning from Skift. It’s Thursday, February 9. Here’s what you need to know about the business of travel today.

A shortlist of potential executives to succeed Disney CEO Bob Iger has surfaced, bringing a few surprises to the search for his replacement.

Florida Governor Ron DeSantis on Monday fired another shot in his battle with Walt Disney Co, saying the state’s Republican legislature would take steps to nullify the company’s effort to circumvent state oversight of Walt Disney World.

Walt Disney Co sued Florida Republican Governor Ron DeSantis on Wednesday, asking a court to overturn state efforts to exert control over the company’s Walt Disney World theme parks in Orlando, intensifying a political battle between one of the largest U.S. companies and a potential White House contender.

Walt Disney Co will shutter its immersive Star Wars-themed luxury hotel in Orlando this September, less than two years after it opened, as the media giant cuts costs throughout its entertainment and parks businesses.

Disney Parks, Experiences and Products will be a key growth driver for the Walt Disney Corporation, as it approaches its target of cutting $5.5 billion in costs across the company, said CEO and Director Bob Iger during an earnings call Wednesday.