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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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Latest Industry News

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
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.

NewsParcs, connecting the theme park industry!

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.

Follow us on Twitter (@NewsParcs) from November 19 to 22 with the hashtag #IAAPA

A gloomy third quarter for the theme parks of

Euro Disney S.C.A. with attendance down 7%

Update : 19:18 Published by François Mayné the 9 September 2013, Corporate.
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 (ended June 30). Indeed, in a context which remains difficult, the operator of Disneyland Paris reported over this period a further drop in attendance at its theme parks (- 7%) and in occupancy rate of its hotels (- 4.5 points). Therefore, the revenue of tourism activities of the company fell by 1.7% to €351.8 million (approx. $468 million) against €357.7 million in the previous year.

A gloomy third quarter for the activities of Euro Disney S.C.A.During the third quarter, the turnover of Parc Disneyland and Parc Walt Disney Studios is down 1.5% to stand at €204.7 million, reflecting a decrease in the number of visitors coming from France, Spain, Italy and Belgium. The sluggish economic situation in southern Europe and, to a lesser extent, unfavorable weather conditions in the spring, partly explain this decline in attendance according to the operator that indicates that the activity of special events has slightly offset this fall while the average spending per guest remained stable.

Sales from the activities of the 7 hotels and the 'Disney Village' in the third quarter declined slightly 0.5% to €137.9 million, despite a rise in Disney Village revenues (following the opening of the retail store 'World of Disney') and a 2% increase in average spending per room (due to higher average daily room rates and spending on food and beverage). The decrease in hotel occupancy during the period resulted from 24,000 fewer room nights sold, a consequence of a decrease in the number of Spanish and Italian tourists, partially offset by an increase in the number of French visitors staying overnight on the site.

Disneyland Paris' attendance is down 7% in Q3.After 9 months, the hotel occupancy rate down 2.7 points or 4800 fewer room nights compared to the FY 2011/2012.

Over the first nine months of the fiscal*, the total turnover of Euro Disney S.C.A. is however up 1% to total €919.8 million (approx $1.2 billion), partly due to a real estate transaction completed in the first quarter. Tourism activities increased slightly by 0.5% to €913 million, far from the 2.3% growth noticed in the same period of previous year.

In the 9-month period, the theme parks' sales shows a 0.7% increase to €516 million. This is mainly due to the increase in average spending per guest (resulted from higher spending on admissions and F&B) that is however offset by a 4% decline in attendance due to the lower number of visitors from the major European markets. Hotels and Disney Village sales increased 0.8% over the same period. The increase in revenues from Disney Village and in average spending per room (1% each) offsets the hotel occupancy rate down 2.7 points, or 48,000 fewer room nights compared to the FY 2011/2012.

Our total revenues for the first nine months period increased, with higher guest spending in both our parks and hotels. However the continued challenging economic context in Europe and adverse weather conditions weighed on Resort volumes in our third quarter. We remain cautious for the coming months given the uncertain European economy.” said Philippe Gas, Chief Executive Officer of Euro Disney S.A.S.

This year, Disneyland Paris has extended the celebration of its 20th anniversary with the introduction of two new scenes in the night show Disney Dreams!, winner last year of a Brass Ring Award at the IAAPA Attractions Expo. The end of the daily performances is scheduled on September 30.

Euro Disney is currently developing a new destination resort 'Villages Nature' with Pierre & Vacances.

Euro Disney S.C.A. remains discreet about the future development of Europe's top tourist destination. Only one project related to the theme parks was made official a few months ago: a big-budget dark ride based on famous Disney/Pixar cartoon 'Ratatouille' whose opening is scheduled in 2014 in a new themed area at Parc Walt Disney Studios (read more). At the same time the company is pursuing the development of 'Villages Nature' resort destination in collaboration with Pierre & Vacances and is conducting a multi-million euro refurbishment plan of its hotels.

Three years ago, we made the decision to increase our investments in the guest experience and the Resort in general, therefore focusing on guest spending growth. This allowed us to limit the unfavorable impact of the difficult economic environment in our third quarter. The fundamentals of our business continue to provide a solid basis for growing our business in the long term." concluded Philippe Gas.

*: Period from October 1, 2012 to June 30, 2013.

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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