Analysts Say Disney Parks Could Return to Pre-Pandemic Levels of Profitability in 2022

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Pent-up demand to visit Disney theme parks has resulted in a strong rebound from the pandemic lows, according to analysts. Additionally, the vaccine rollout continues to offer hope that the entertainment giant will soon return to record profits and increased spending on new rides and attractions. According to the OC Register, Disney’s Parks, Experiences and Products division did better than expected in the company’s first quarter of 2021 thanks to increased theme park attendance, higher visitor spending, and cost-cutting initiatives […]

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