Disney4me Posted May 8 Report Share Posted May 8 The Walt Disney Company just dropped a bunch of news. Disney California Adventure Each quarter, the company releases an earnings report and then hosts an earnings call to review the numbers and answer pressing questions. We typically learn quite a bit of information from these calls, and after the 2024 Q2 earnings results were released, we have some predictions about changes coming soon to Disneyland Resort. Unfortunately, Disneyland Resort had a fairly rough quarter. Even though the operating income increased in the domestic parks and experiences division, that was mostly due to higher performance with Walt Disney World and Disney Cruise Line. It was partially offset by lower results at Disneyland Resort for Q2. “it’s a small world” in disneyland Disney says that the decrease at Disneyland Resort was likely due to a few factors, including higher costs driven by inflation, higher prices for guests, and a lower number of occupied room nights at the Disneyland Resort hotels. This is a problem for the west coast resort, so how will it be fixed? Sleeping Beauty Castle Ultimately, this likely means that we can expect price increases in the future. If the number of visitors is down, then Disney will need to offset that with higher spending per visitor. It’s a delicate balancing act, because if Disney increases prices too high, the attendance will drop even further. Crowds at Disneyland Disneyland Resort had fairly good park attendance for the quarter, but with hotel stays down, they’ll be wanting to draw in more out-of-town guests. Disneyland has long been known as the park for “locals” as compared to Disney World, which is more of a vacation destination for out-of-towners. Disneyland Hotel The next few years will be a crucial time for Disneyland Resort. It was just announced that they have approval from the Anaheim City Council to proceed with the DisneylandForward expansion. Many people like to save their vacations for AFTER a major expansion has opened in the parks, so Disney may want to find ways to draw visitors in during the in-between time. ©Disney We’ll continue to keep an eye on Disney’s financial numbers and all the updates you need to know, so stay tuned to DFB for the latest. Click Here to Learn More About Disneyland Resort’s Expansion Plans! Want to Learn More About Disneyland? Check Out the Links Below! DFB Disneyland Restaurants Guide Disney Genie and How to Use it in Disneyland What You Need to Know About the Theme Park Reservation System for Disneyland and Disney California Adventure Closures and Construction at Disneyland Learn All About Disneyland Park See What Marvelous Stuff You’ll Find at Avengers Campus in Disney California Adventure Learn About Pixar Pier in Disney California Adventure Get All the Details About the Disneyland Mobile App Everything You Need to Know About Mobile Order in Disneyland Learn More About Disneyland’s Magic Key Program Full Details About the Holiday Season in Disneyland Full Details About Halloween Time at Disneyland Get Some STRANGE Tips for Disneyland Click HERE to Check Out Lots of Other DFB Posts About Disneyland Join the DFB Newsletter To Get All the Latest Disney News Delivered Right to Your Inbox! Click here to Subscribe Are you planning a trip to Disneyland Resort soon? Tell us in the comments!The post Disney Announces Hotel Revenue LOSSES — Here’s How You May Be Affected first appeared on the disney food blog.View the full article Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.