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Theme Park Supplier's News of the Week #12 Bolliger Mabillard, MAURER Rides, ETF Ride Systems, Lo-...
Theme Park Supplier's News of the Week #12
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Premier Rides wins €8 million contract with Plopsa Gr... New launch coaster to open at Holiday Park in 2014
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Record anniversary edition for Euro Attractions Show More than 8,500 attendees on a record exhibit floor
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CORPORATEPublished on January 28, 2014 NewsParcs to take an extended break
EVENTPublished on November 10, 2013 IAAPA Attractions Expo 2013 debuts next week in Orlando
CORPORATEPublished on November 10, 2013 Difficult season for Compagnie des Alpes' amusement parks
NEWPublished on October 21, 2013 Theme Park Supplier's News of the Week #12
NEWPublished on October 13, 2013 Theme Park Supplier's News of the Week #11
NEWPublished on October 13, 2013 Theme Park Industry News Roundup – Issue #6
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Disney reports revenue of theme parks and resorts

up 10% to $12.9 billion for FY 2012

Update : 14:18 Published by François Mayné the 29 November 2012, Corporate.
The Walt Disney Company reported that the revenue of its business segment of theme parks and resorts increased 10% to $12.9 billion (approx €9.97 billion) during its fiscal year 2012 ended this September 29th. The segment operating income is up 22% to $1.9 million (approx €1.46 billion).


The company, the world’s first attractions operator with more than 121.4 million visitors in 2011*, explained that these results reflect increases of operating income at its domestic theme parks and resorts (including Walt Disney World Resort, Disneyland Resort and Aulani), Tokyo Disney Resort, Hong Kong Disneyland Resort and the Disney Cruise Line. However, the performance is partially offset by a decrease at Disneyland Paris.

The higher operating income at the theme parks and resorts in North America was driven by increased guest spending (reflected higher average ticket prices, food and beverage spending and daily hotel room rates) and attendance (strong growth at Disneyland Resort which benefited from the opening of Cars Land at Disney California Adventure), partially offset by higher costs (driven by resort expansion and new guest offerings, including investments in supporting systems infrastructure, labor cost inflation and higher employee benefits costs). Operating income growth at Disney Cruise Line was due to increased passenger cruise days driven by the Disney Fantasy and the Disney Dream, partially offset by the related operating costs.

Strong growth at Disneyland Resort which benefitted from the opening of Cars Land at Disney California Adventure.The performance of The Walt Disney Company is partially offset by a decrease at Disneyland Paris.Tokyo Disney Resort recovered from the loss of earnings in 2011 due to the earthquake and tsunami in Japan.

The increase at Tokyo Disney Resort reflected the loss of income in the prior year due to the March 2011 earthquake and tsunami in Japan, which resulted in a temporary suspension of operations and a reduction in volume after reopening, and the collection of related business interruption insurance proceeds in the current year.

Operating income growth at Hong Kong Disneyland Resort was primarily due to guest spending, which was driven by higher average ticket prices and daily hotel room rates, and increased attendance, partially offset by higher costs related to resort expansion.

At Disneyland Paris, increased guest spending, driven by higher daily hotel room rates, and higher attendance were more than offset by labor cost inflation and lower hotel occupancy.

Globally, The Walt Disney Company announced for its fiscal year 2012 revenues of $42.3 billion, segment operating income of $9.9 billion and net income of $5.68 billion. “Fiscal 2012 was a great year creatively, financially and strategically, resulting in record revenue, net income, and earnings per share,” said Disney Chairman and CEO Robert A. Iger. “The addition of Lucasfilm will further fuel Disney’s creative engine across our company to create additional value for our shareholders and we’re confident the Company is well positioned to continue our strong performance and growth.“

*: According to the Global Attractions Attendance Report Theme Index 2011 co-published by AECOM and the Themed Entertainment Association. See our related articles section below for more details.

Corporate(226 articles found)

NewsParcs to take an extended break read more

These past three years have been intense for NewsParcs. Our magazine, which has been dedicated to the global theme parks industry since 1998, underwent major changes to become one of the most appreciated magazines among many...

CORPORATE | NewsParcs - Published on January 28, 2014
Difficult season for Compagnie des Alpes' amusement parks read more

The Compagnie des Alpes leisure parks recorded disappointing financial results during fiscal year 2012/2013 which ended on September 30. The...

CORPORATE | Compagnie des Alpes - Published on November 10, 2013
Cedar Fair continues its strong growth momentum after the summer season read more

Cedar Fair Entertainment Company has announced new record financial results through the first half of its fiscal 2013 ended on June 30. The operator...

CORPORATE | Cedar Fair Entertainment - Published on October 6, 2013
A gloomy third quarter for the theme parks of Euro Disney S.C.A. with attendance down 7% read more

The delicate operational situation of Euro Disney S.C.A. in the first half of its fiscal year 2012-2013 did not improve in the third quarter...

CORPORATE | Euro Disney S.C.A. - Published on September 9, 2013
Compagnie de Alpes' leisure park sales continue to decline in the third quarter read more

Adverse weather conditions at the beginning of the season and the ever difficult economic conditions in Europe have negatively impacted the activities...

CORPORATE | Compagnie des Alpes - Published on September 9, 2013
Village Roadshow Theme Parks reports strong performance in FY 2013 with attendance up 16.5% read more

Australian media company Village Roadshow Limited (VRL) has reported total income of 936,357 million AUD (approx $845 million) for the twelve-months...

CORPORATE | Village Roadshow Theme Parks - Published on August 25, 2013
Six Flags reports record first half 2013 financial results read more

The world's largest regional theme park operator Six Flags has announced a record high $451 million of revenue (€338 million) for the first s...

CORPORATE | Six Flags Entertainment Corp. - Published on August 18, 2013
Disney's theme parks and resorts sign strong financial results with revenues up 7% in Q3 2013 read more

The theme parks and resorts of The Walt Disney Company (TWDC) have once again achieved excellent financial performance in the third quarter of...

CORPORATE | The Walt Disney Company - Published on August 11, 2013
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