According to CNBC article, attendance at the domestic Disney parks increased by three percent, beating analysts' expectations. The biggest factor leading to the increase in attendance was Disney's "Buy 4, get 3 free" deal offered in the spring.
However, the news is not all good. Even with the increased attendance, total revenue at the parks was down nine percent and operating income down 19-percent. Even this loss is better than expected, according to the article, because in the prior quarter, park operating revenue was down about 50-percent.
Disney CEO Bob Iger said Disney's latest numbers are a sign that the economy is stabilizing.
Let's hope so.
Friday, July 31, 2009
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- Park attendance up
- Tip Tuesday: More enhancements available for Phot...
- Come one, come all, get your FastPasses here!!!
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- ESPN RISE games start this weekend at Disney's Wid...
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- Disney buses collide at Contemporary Resort
- Tip Tuesday: Getting "behind the seeds"
- Some "new" hidden Mickeys at WDW
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- D23 sits down with Marty Sklar
- Tip Tuesday: An unimpeded view of Illuminations
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- Monorail reopens to guests today
- Tragedy at Walt Disney World
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