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.”
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, 2014The non-profit organization Themed Entertainment Association is organizing its 9th annual conference on experience design SATE 2013 from October...
EVENT | NewsParcs - Published on September 29, 2013Euro Attractions Show, the largest conference and trade show for the attractions industry in Europe, will be held this year from September 18-20,...
EVENT | NewsParcs - Published on July 2, 2013We conclude today our retrospective of the year 2012 in the theme park industry by focusing on the trend of water parks and on the highlights of the leading suppliers and manufacturers. We conclude with an original twist...
FEATURE | NewsParcs - Published on January 18, 2013After addressing a number of topics in the first part of our 2012 retrospective, in this article we discuss the trends and major rollercoaster projects of the year, before reviewing the highlights of the leading suppliers a...
FEATURE | NewsParcs - Published on January 14, 2013While 2013 has just begun and the glances are now turned to the coming months, NewsParcs today takes a little time to look back on 2012 one last time by presenting a retrospective of the year. In a changing world, where...
FEATURE | NewsParcs - Published on January 6, 2013The whole team of NewsParcs wishes you a Happy New Year 2013! If this is not yet the case, we kindly invite you to subscribe to our newsletter in order to receive - at the frequency of your choice - the summary of the ...
EVENT | NewsParcs - Published on January 1, 2013All the team of NewsParcs wishes you a merry Christmas and happy holidays! We hope to see you in early January for our next updates, beginning with the year in review! Please feel free to subscribe to our newsletter, so ...
EVENT | NewsParcs - Published on December 21, 2012
