Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13979)           
UK only International

Disney dominates theme park sector with strong Q3 results

By Tom Anstey    05 Aug 2015
Record attendance in Q3 combined with increased occupancy and ticket price resulted in a strong Q3 for the operator

Walt Disney continues to dominate the theme park market after posting strong fiscal results in its third quarter, breaking attendance records and posting record financial figures.

Theme park revenue for Disney was US$4.1bn (€3.8m, £2.6m) for the quarter, an increase of 5.1 per cent over the previous year’s results in the same time period. Year earnings up to 27 June 2015 are also up at US$11.8bn (€10.8bn, £7.6bn), a 6.3 per cent increase on 2014 when the company recorded revenues of US$11.1bn (€10.2bn, £7.1bn) by Q3.

Operating income for the company’s theme park division for the quarter jumped 9 per cent to US$922m (€848.6m, £591.6m) over last year’s US$848m (€780.4m, £544.1m). Operating income for the fiscal year increased substantially, up 16.2 per cent from US$1.97bn (€1.8bn, £1.2bn) to US$2.29bn (€2.1bn, £1.47bn).

Disney marked record attendances in Q3, which combined with higher guest spending, higher resort occupancy and breaking the US$100 ticket barrier earlier this year, led to the record figures.

Theme parks provided a large chunk of Disney’s overall earnings, which were up 5 per cent to US$13.1bn (€12bn, £8.4bn). With the likes of Universal and Wanda investing heavily in a bid to take Disney’s spot as leading theme park operator worldwide, the company is also continuing to invest to stay ahead of the curve. New experiences currently under development include the redevelopment of Disney Springs, the Frozen Ever After Ride at Epcot, the Avatar expansion in Animal Kingdom and the launch of Shanghai Disneyland in 2016.

Sign up for FREE ezines
Related news

Company profile

Company profile: Power Plate
Power Plate's range of products include whole body vibration platforms, targeted vibration products and the ground breaking REV, combining to create a broad and compelling offering of health, fitness and wellness solutions to health clubs and fitness facilities worldwide
View full profile >
More company profiles

Featured Supplier

Reaching the people most gyms miss: Bedford Gym & Swim Campaign delivers 410 new members
One of the biggest mistakes the fitness industry still makes is advertising almost exclusively to people who already look and live like gym members.
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

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
26-29 Oct 2027
Koelnmesse Exhibition Centre, Cologne, Germany
More diary dates