Fermer
or with Facebook
Facebook Connect
Log in to my account : » Forgot your password ? » I want to subscribe
ABOUT NEWSPARCS HOME ARTICLES
ex: SNELAC, Alton Towers
Information
My Account
advertisement
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
  • Top Stories
  • Supplier's News
  • WWA
  • Hong Kong Disneyland
  • Supplier's News
  • Industry News
  • Premier Rides
  • Industry News
  • Euro Attractions Show

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.
external links

NewsParcs
(11 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
TEA's experience design conference SATE 2013 debuts this week in Savannah, USA read more

The 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, 2013
Win tickets for Euro Attractions Show 2013 in Paris read more

Euro 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, 2013
Theme Park Industry Year in Review 2012 : part 3 read more

We 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, 2013
Theme Park Industry Year in Review 2012 : part 2 read more

After 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, 2013
Theme Park Industry Year in Review 2012 : Part I read more

While 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, 2013
Best Wishes and a Happy New Year 2013! read more

The 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, 2013
Happy Holidays! read more

All 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
Select Articles

more search options less search options

Magazine
dynamic navigation : activateddesactivatedjavascript off
Member of :