Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13973)           
UK only International

Disney delivers as park revenues increase

By Tom Anstey    09 May 2018
For the the quarter, Disney as a whole reported quarterly revenue of US$14.6bn

Profits at Disney's parks and resorts division continue to go up and up, with the operator reporting a buoyant start to the year, as net income surged more than 13 per cent for the last quarter to US$4.9bn (€4.1bn, £3.6bn).

Recording profits for the quarter of US$1bn (€841m, £736m) – an increase of 27 per cent year-on-year, the growth was attributed to increases at both its domestic and international parks and resorts. The international increase was due to growth at Disneyland Paris and higher occupied room nights and attendance at Hong Kong Disneyland Resort.

The increases, says Disney, benefited in part to "a shift in the timing of the Easter holiday” – boosting travel to the operator's theme parks and hotels. These results were partially offset by a decrease at Shanghai Disney Resort, which was driven by lower attendance, cost inflation and an unfavorable foreign currency impact.

"We're very pleased with our results in Q2, especially in our Parks and Resorts and Studio businesses," said Disney chair and CEO, Bob Iger.

"Our parks continue to drive growth through operational excellence and by effectively leveraging our extraordinary content and there's a lot more expansion underway in our Parks and Resorts around the world."

For the the quarter – Disney's second of the year – the company as a whole reported revenue of US$14.6bn (€12.3bn, £10.75bn), up 9 per cent, with net income at US$2.9bn (€2.4bn, £2.1bn) – a 23 per cent increase.

Disney  parks  Easter  Bob Iger  Disneyland 
Sign up for FREE ezines
Related news

Company profile

Company profile: GLL
GLL
As the UK’s leading provider of both leisure centres and libraries we operate 379 locations in partnership with local authorities and other organisations.
View full profile >
More company profiles

Featured Supplier

CoverMe extends matching service to personal training, rewriting how members and personal trainers connect
CoverMe, the global leader in fitness workforce management, today launches CoverMe PT, an on-demand personal training platform that connects the right personal trainer to the right client in under 10 seconds.
View full details >
More featured suppliers

Property & Tenders

Location: Stratford, East London.
Company: Lee Valley Regional Park Authority
Location: Y Felinheli, LL56 4QN
Company: Newmark
Location: Newhaven, Sussex
Company: EiA Real Estate
Location: Tutbury Castle, Staffordshire
Company: Savills
Location: Oxford
Company: University of Oxford
More properties & tenders

Diary dates

22-23 Jun 2026
WX Wakefield , Wakefield, United Kingdom
21-24 Sep 2026
The Langham Huntington Pasadena , Pasadena, United States
06-08 Oct 2026
Messe Stuttgart, Stuttgart, Germany
22-22 Oct 2026
QEII Conference Centre, London
More diary dates