Demand Growing as Losses Continue at Disney Parks
May 13, 2021, 4:25 PM ·
Disney s theme park segment posted a loss of $406 million in the second quarter, on revenue of $3.173 billion, the company announced today.
Disney s U.S. parks lost $587 million on revenue of $1.735 billion during the three months ending April 2, 2021, with its international parks losing $380 million on revenue of $262 million. Net income of $561 million in Disney s consumer products division eased the overall loss in the Disney Parks, Experiences and Products segment.
The Disneyland Resort in California, Disneyland Paris Resort, and the Disney Cruise Line were closed for all of the company s second quarter, while Hong Kong Disneyland Resort was open for 30 days during in the quarter, compared to 25 days in the prior-year quarter. The Walt Disney World Resort and Shanghai Disney Resort both were open for all of the second quarter. (The Tokyo Disney Resort is owned by the Oriental Land Co, so it is not i
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Disney Parks ticket prices will double by 2031
2 weeks ago
reveals the predicted cost of going to global Disney Parks in 2031.
The research looked at the original cost of a ticket in each Disney Resort when it first opened and compared that against current prices to be able to predict the cost of a ticket to each resort in ten years’ time.
Future Cost of Disney Parks:
Rank
25.40%
Walt Disney World Resort in Florida is projected to be the most expensive Disney destination, costing $253 per adult ticket in 2031. This is an increase of 7134% since the park first opened 50 years ago.
China’s Shanghai Disney Resort is currently the most affordable of the group and is set to retain that title with prices only projected to rise 25% by 2031.
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