Disneyland Paris released its revenue numbers for the first fiscal quarter of 2011 and the news is good. Over all revenue increased by 8.5%. Most of that increase came in the lodging side. A 14% increase in hotel revenue was the result of more bookings and higher rates. 3% increase in the parks was driven by more food and beverage spending.
“Following the improvement we saw at the end of last year, we are encouraged that our First Quarter guest visitation and spending continued to improve over the prior year,” said Philippe Gas, Chief Executive Officer of Euro Disney. “Total first quarter revenues were up 8% versus last year, which is particularly significant given the extensive travel disruptions experienced throughout Europe during the holiday season.”
“We look forward to launching the Disney Magical Moments Festival this spring, where we will celebrate the role of Disney magic in creating lasting memories for families and friends at the Resort,” Gas continued.
Unfortunately this report only talks about increased revenue, not whether spending went up or down. So we don’t yet know if Euro-Disney SCA is any closer to clearing its debts. But this certainly seems like a step in the right direction. The other question I have is are they able to do this without ruining the charm of the park and impacting future business.
Pingback: Alltop Disney
Disneyland Paris shows signs of increase revenue and perhaps a stronger bottom line – http://bit.ly/gbvYbs – let's hope it's a trend
I visited for the first time in November for 4 full days, staying onsite. I really wanted to love this park. There are many things that make it special and unique to me, but also a few significant failures, especially anyone familiar with the U.S. parks. I don’t want to sound like, nor consider myself a “spoiled American”, but food and service elements were frequently subpar or even embarrassing, in spite of costing more than the U.S. parks. It was clear they were cutting some corners for my visit, and it made this Disney Park fan not want to return again.
Pingback: DISNEYWIRE: Disneyland Paris hikes revenue - Around Disney - The Orange County Register
Hello David,
I really don’t agree with you about the food, as there are at least two restaurants at the Disneyland park in Paris that have great food- Walt’s, an American restaurant at Main Street, and Blue Lagoon inside Pirates of the Caribbean- have you been to any of them?
I agree that they are expensive, but the food is great and they are beautiful restaurants with good service. Besides, there are also good restaurants at the resort hotels.
Regarding the parks, if you say that the Disney Studio Paris sucks I’ll agree with you, but Disneyland Park is a great park in essence, the most beautiful Magic Kingdom, with the best version of many of the greatest, beloved classic E ticket attractions and good restaurants, but if you say that the park needs new attractions, and the maintenance is bad, than I’ll agree.
Comments are closed.