Everything we learned from the Disney Parks panel at Expo D23 2022


A masked family walks past Cinderella’s Castle in the Magic Kingdom at Walt Disney World in Lake Buena Vista, Florida.

Orlando Sentinel | Tribune News Service | Getty Images

Disney’s theme parks are rebounding after the coronavirus pandemic shut down its domestic and international locations in 2020.

Revenue is growing for Disney’s parks, experiences and products division and the company is seeing a steady increase in attendance, occupied nights and cruises.

During its latest results, Disney touted its new Genie+ and Lightning Lane products helped boost average ticket revenue per capita in the quarter. These new digital features were introduced to organize the customer experience and allow visitors to bypass the main attraction lines.

The company said it has been able to bring in-park experiences such as character encounters, theatrical performances and nighttime events back to Disneyland, allowing it to increase the capacity of its parks, said CEO Bob Chapek at the time. Disney has capped attendance since reopening after the first round of pandemic closures in early 2020 and implemented a new online reservation system to control crowds.

The company continues to add new features and attractions to its theme parks and cruise lines, which it outlined at its D23 Expo on Sunday.

This is breaking news. Please check for updates.


cnbc Business

Not all news on the site expresses the point of view of the site, but we transmit this news automatically and translate it through programmatic technology on the site and not from a human editor.
Back to top button