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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
World Waterpark Association Success for WWA's 33th Symposium and Trade Show
World Waterpark Association
Hong Kong Disneyland to introdoce Iron Man Experience First major Marvel attraction planned in 2016
Hong Kong Disneyland to introdoce Iron Man Experience
Theme Park Supplier's News of the Week #11 Zamperla, Simworx, Electrosonic, Vortex
Theme Park Supplier's News of the Week #11
Theme Park Industry News Roundup #6 Liseber, Universal Parks and Resorts, IAAPA, Herschend ...
Theme Park Industry News Roundup #6
Premier Rides wins €8 million contract with Plopsa Gr... New launch coaster to open at Holiday Park in 2014
Premier Rides wins €8 million contract with Plopsa Gr...
Theme Park Industry News Roundup #5 Tokyo Disney Resort, Merlin, European Star Awards
Theme Park Industry News Roundup #5
Record anniversary edition for Euro Attractions Show More than 8,500 attendees on a record exhibit floor
Record anniversary edition for Euro Attractions Show
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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
EVENTPublished on October 21, 2013 Success for the 33th symposium and trade show of the World Waterpark...
NEWPublished on October 13, 2013 Disney to introduce first major Marvel attraction at Hong Kong...
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
NEWPublished on October 6, 2013 Premier Rides wins €8 million contract to build a launch coaster...
581 articles published » See all articles

Welcome!

NewsParcs is an online trade publication dedicated to theme park industry professionals worldwide.

Since 1998, we work in direct contact with manufacturers, suppliers, consultants, owners and operators to publish only reliable and relevant information.

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EAS 2013 NewsParcs will do a full coverage of the IAAPA Attractions Expo 2013 in Orlando to have a look at the latest trends and developments of the global theme park industry.

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Decrease in attendance and sales for the theme parks

of Euro Disney S.C.A. in the first quarter

Update : 27/02/13 - 09h46 Published by François Mayné the 5 February 2013, Corporate.
Euro Disney SCA, operator company of Disneyland Paris, announced today that it has achieved a revenue of €327 million (approx $442 million) in the first quarter of the 2013 fiscal year, ie for the period from 1st October to 31st December 2012.

Up by 2.5% compared to the previous fiscal year, this quarterly result is mainly the consequence of a real estate transaction that amounted to €6 million, the turnover of the operating activities (theme parks, hotels and Disney Village) having shown just a slight increase of 0.7% (€2.1 million) compared to the first quarter of fiscal year 2012.


The revenues of the two theme parks actually amounts to €179 million, down nearly 1% after a 2% decrease in attendance (fewer guests from France and Spain) a result offset by a slight increase in average spending per guest (due to higher spending on admissions and merchandise). The hotels and the entertainment complex Disney Village are doing a little better, with sales up 1% to €129.8 million, as a result of the increase in activity in Disney Village (increased spending in restaurants) partially offset by a decline in average spending per room (lower prices for overnight stays). The occupancy rate of the hotels remains stable.

Euro Disney SCA indicates that operating costs and expenses are rising with the labor rate inflation, the new guest offerings and the expenses related to real estate development activities.

This is the first time in 3 years that the activities of Disneyland Paris' theme parks are declining in the first quarter, the latest decrease in sales dating back to fiscal year 2010. At that time, attendance had declined sharply by 11%.


“We continue to feel the impacts of the broad European economic downturn and our short-term visibility remains low,” commented Philippe Gas, CEO of Euro Disney S.A.S. “However the fundamentals of our business are strong and we are confident in our ability to drive our business towards sustainable growth. As our investments in our guest experience continue in 2013 and beyond with our hotel refurbishment program and our expansion plan for the Walt Disney Studios Park, we will further enhance the appeal of Disneyland Paris.”

Despite a record attendance of 16 million visitors, the top European tourist destination seems to be in difficulty more than ever after it has once again widened its net loss (€100 million) in the fiscal year 2012. Since the 2005 financial restructuring and with the notable exception of fiscal 2008, the company has accumulated more than €400 million in losses, despite a significant investment plan that has seen the successive openings of 'Buzz Lighyear's Laser Blast', 'Crush's Coaster', 'Cars Quatre Roues Rallye', 'The Twilight Zone Tower of Terror', the themed area 'Toy Story Playland' and the nighttime show 'Disney Dreams!'.

To reassure investors and ease the financial burden of Euro Disney SCA, The Walt Disney Company announced in late September the total refinancing of its debt for a total of 1.338 billion euros. The operation is set to give the company a better position to invest in long-term and to drive value for the shareholders.

Disneyland Paris has announced the extension of its 20th anniversary celebrations including performances of the show Night Disney Dreams! until 30 September 2013. Plans for the future include a new dark ride currently under construction at the Walt Disney Studios Park and which is scheduled to open in 2014.

All Articles(613 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
IAAPA Attractions Expo 2013 debuts next week in Orlando read more

World theme park capital Orlando is about to welcome the global attractions industry for the 2013 edition of IAAPA Attractions Expo, the annual...

EVENT | IAAPA Attractions Expo - Published on November 10, 2013
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
Theme Park Supplier's News of the Week #12 read more

Our Theme Park Supplier's News of the Week is a round-up of the latest news relative to companies supplying the theme park industry around the world.  This weekly report covers topics such as corporate announcements, financial ...

NEW | Roundup of News - Published on October 21, 2013
Success for the 33th symposium and trade show of the World Waterpark Association read more

The World Waterpark Association (WWA), the global leading water-leisure trade association, has made a positive assessment of its 33th annual...

EVENT | World Waterpark Association - Published on October 21, 2013
Disney to introduce first major Marvel attraction at Hong Kong Disneyland in 2016 read more

When The Walt Disney Company acquired Marvel Entertainment in 2009, its intention was to strengthen its position as a leading global provider...

NEW | Hong Kong Disneyland Resort - Published on October 13, 2013
Theme Park Supplier's News of the Week #11 read more

The NewsParcs' Theme Park Supplier's News of the Week is a round-up of the latest news relative to companies supplying the theme park industry around the world.  This weekly report covers topics such as corporate announcements, ...

NEW | Roundup of News - Published on October 13, 2013
Theme Park Industry News Roundup – Issue #6 read more

Our Industry Roundup is a summary of the latest major news related to the theme park industry worldwide. We report news specifically on operators, owners, trade associations and related organizations, including trends, attendance...

NEW | Roundup of News - Published on October 13, 2013
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