On today’s earnings call, it was revealed that revenue and operating income for Disney’s three wholly-operated international resorts had grown quite a bit over 2021, with most growth focused at Disneyland Paris.
Increases in attendance and hotel room occupancy at the Paris resort lead to it leading growth, and offsetting losses at Shanghai Disney Resort related to its second extended closure. Revenue was up 50% at the international parks from $526 million to $788 million. Operating income losses also fell 70% from $210 million lost to only $64 million lost in Q3 2022 compared to Q3 2021.
Disneyland Paris was open for every day in the quarter this year compared to 19 last year. Conversely, Shanghai Disney Resort was open three days in the quarter this year compared to the entire quarter last year.
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