Articles tagged “disney”

Hong Kong Disneyland Earnings Drop in Tandem With Tourism Numbers

Hong Kong Disneyland Earnings Drop in Tandem With Tourism Numbers

Associated Press

Disney can afford to play the long game with its partner in Hong Kong. Now it just needs the tourists to play along.

3 days ago

Disney Is Hiking Ticket Prices at Domestic Theme Parks Yet Again

Disney Is Hiking Ticket Prices at Domestic Theme Parks Yet Again

Christopher Palmeri, Bloomberg

Disney's last earnings report showed that theme parks made more money despite lower attendance, so we don't expect the latest ticket price increase to hurt the bottom line.

2 weeks ago

Attendance Is Down at Disney’s U.S. Parks But New Attractions Are on the Way

Attendance Is Down at Disney’s U.S. Parks But New Attractions Are on the Way

Hannah Sampson, Skift

Theme parks were the best performers during the first fiscal quarter despite some attendance declines, and Disney has a pipeline of new openings in the coming years that should keep the segment comfortably in positive territory.

2 weeks ago

Disney Deep Dive: The Economics of Hong Kong Disneyland Resort

Disney Deep Dive: The Economics of Hong Kong Disneyland Resort

Dave Montali, Skift

Disney's international parks act as key consumer touch-points that drive brand awareness and cross-monetization of content in new markets. Macroeconomic issues in outbound mainland China tourism have impacted Hong Kong recently, but those pressures are abating and new park expansion projects should stabilize attendance trends.

1 month ago

Understanding Disney’s Domestic Hotel Strategy

Understanding Disney’s Domestic Hotel Strategy

Jared Wein, Skift

Disney's unique theme park experience gives the company strong pricing power in the U.S., allowing Disney to consistently raise ticket prices above the inflation rate while growing attendance at the same time. By owning hotels on its properties, Disney is able to maintain an immersive experience, leading to high occupancy rates and steady growth in spending per room. The theme parks feed the hotels with guests and the hotels reinforce the park experience. This has, and will continue to be, a lucrative cycle for Disney.

1 month ago

New Skift Research Report: A Deep Dive Into Disney’s Competitive Position in Travel

New Skift Research Report: A Deep Dive Into Disney’s Competitive Position in Travel

Jared Wein, Skift

Disney is a case study for travel and hospitality companies on how to think and look outside of travel, when building globally successful businesses and brands.

1 month ago

Hong Kong Disneyland Is Adding ‘Frozen’ and Marvel Lands in a $1.4 Billion Expansion

Hong Kong Disneyland Is Adding ‘Frozen’ and Marvel Lands in a $1.4 Billion Expansion

Christopher Palmeri and Crystal Tse, Bloomberg

Disney's CEO has said that the company's giant new Shanghai theme park isn't hurting business in Hong Kong. Still, it's a smart move to expand the older park with attractions that can't be found in Shanghai.

3 months ago

Disney Will Open Avatar Land in Orlando Next Summer

Disney Will Open Avatar Land in Orlando Next Summer

Christopher Palmeri, Bloomberg

Disney has been on its toes since Universal changed the game in Orlando with Harty Potter. Will Avatar change the conversation again?

3 months ago

Disney’s Theme Park Plans Include Creative Pricing, Hotels and Movie Characters

Disney’s Theme Park Plans Include Creative Pricing, Hotels and Movie Characters

Hannah Sampson, Skift

Disney has a lot of plans for its theme parks — more hotels, attractions, price levels, and intellectual property tie-ins. As the current CEO prepares to depart in a year and a half, we're getting more curious about who will replace him, and what that person's vision will include.

3 months ago

Wanda Group Invests $15 Billion in Hunan Theme Park, Aims to Be Globe’s Largest Tour Company

Wanda Group Invests $15 Billion in Hunan Theme Park, Aims to Be Globe’s Largest Tour Company

Prudence Ho, Bloomberg

Regardless of whether Dalian Wanda Group keeps trying to position itself as a rival to Disney, one thing is clear: There are going to be a lot of theme parks in China in the near future.

3 months ago

Disney Parks Get Permission to Add Drones to the Mix in the U.S.

Disney Parks Get Permission to Add Drones to the Mix in the U.S.

Associated Press

Disney may use these for security, but we're certain they'll use them for nighttime entertainment events.

4 months ago

5 Insights Into Disney and Universal’s Modern Theme Park Strategies

5 Insights Into Disney and Universal’s Modern Theme Park Strategies

Sarah Enelow, Skift

Today's theme parks are a far cry from the previous generation. Disney is still setting the pace, but the offerings, pricing, and technology are evolving fast.

4 months ago