UBS predicts that Disneyland and other Disney theme parks will reach historical attendance levels by 2022 due to pent-up demand. “We believe the parks business has bottomed and we’ll see improved attendance/profitability as the vaccine becomes more widely distributed,” UBS financial analyst John Hodulik stated in the report. “We expect parks to approach historical performance and attendance metrics by FYE22 with higher margins given operational improvements implemented during the pandemic.” He goes on to write that Disney theme parks will […]
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