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Disney says park attendance often exceeds 2019 levels

08/13/2022| 10:53:00 PM| 中文

Disney says there were many days during its fiscal third quarter that attendance at its domestic theme parks regularly exceeded 2019 levels.

During the company's Q3 earnings call on Wednesday, CFO Christine McCarthy said attendance at domestic parks "continues to exceed expectations." 

Guest spending at the parks is up 10% compared to the same period last year and 40% over the same period in 2019. Disney attributed that increase in part to Genie+ and Lightning Lane, its paid options to access shorter attraction lines.

McCarthy said hotel occupancy was 90%, "another sign of robust demand."

International visitation of Disney's domestic parks, primarily the Walt Disney World Resort in Orlando, is still below its traditional level of 17% to 22% of total attendance, "but it's made significant progress," McCarthy said.

Disney Parks, Experiences and Products' fiscal Q3 revenue was up 70% to $7.39 billion. The division recorded operating income of $2.18 billion, an increase of more than 100%.

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TAGS: Disney | financial result | 2022 Q2 | streaming subscriber
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