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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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.
This result in deficit, even if it is improving, is however to be qualified in view of the low operating key statistics revealed in the interim financial report of the company. Indeed, the attendance at the two theme parks is slightly down by 2% (6.7 million guests) during the first half, a consequence of a decline in the number of French, Belgian and Spanish visitors. The occupancy rate of the seven hotels managed by Euro Disney also dropped by 1.8 points to stand at 78% (against 79.8% in the previous year), which represents 24,000 less nights compared to the first half-year of FY 2011-2012. This is a result of a decrease in the number of Spanish visitors (offset by a slight increase in the number of UK visitors) and a slowdown in the activity of business tourism. The average spending per room remained steady at €207.84.
Euro Disney S.C.A. has confirmed its targets during a financial presentation: drive operational profit to generate increased cash flow in order to reinvest in the business and reduce the net debt. Commenting on the results, Philippe Gas, Chief Executive Officer of Euro Disney S.A.S, said: "Delivering 3% revenue growth during our first semester is encouraging given the current economic environment and clearly demonstrates the resiliency of Disneyland Paris. Three years ago, we made the decision to increase our investments in the guest experience and the Resort in general and therefore focus on guest spending growth. Our results for the first semester are in line with this strategic choice with a 4% increase in guest spending and a slight decrease in visitation. We are seeing the first concrete benefits of the debt refinancing transaction, with substantial interest charge savings for the first semester. With the refinancing, we also benefit from greater flexibility to continue to invest in order to further strengthen the appeal of Disneyland Paris.”
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 | accesso - Published on October 21, 2013The beginning of the year is already full of announcements for Lo-Q, the specialist of virtual queuing systems for the theme parks, water parks...
NEW | accesso - Published on January 23, 2013Lo-Q, the leading supplier of virtual queuing system for theme parks, water parks and visitor attractions, announced yesterday the acquisition...
CORPORATE | accesso - Published on December 6, 2012Award-winning ticketing technology firm accesso® has unveiled accesso Passport as the new brand for its innovative, fully-hosted ticketing p...
NEW | accesso - Published on October 17, 2012accesso, a leading provider of attraction ticketing, will be one of the first travel industry suppliers to adapt its ticketing platform to support...
NEW | accesso - Published on September 19, 2012accesso, the leading provider of eCommerce and mobile ticketing solutions for theme parks and entertainment venues in the United States, has...
NEW | accesso - Published on August 22, 2012The iconic Space Needle, celebrating its 50th Anniversary, and Chihuly Garden and Glass, a new art experience featuring the work of renowned...
NEW | accesso - Published on July 16, 2012accesso, a leading ticketing software company based in Lake Mary (Florida, USA), has promoted TJ Christensen and Janel Pisorchik to positions...
CORPORATE | accesso - Published on January 31, 2012
