Disney to Double Down on Theme Parks and Cruises with $60 Billion Investment Over the Next Decade

Disney plans to invest $60 billion into its theme parks and cruise lines over the next 10 years, nearly double what it spent in the prior decade.
The investment comes as Disney's parks and cruises continue to perform well, with 13% revenue growth in fiscal Q3 2022.
Recent investments include new Star Wars, Avengers, Frozen, and Zootopia themed lands across global parks.
Disney sees room for further expansion, with 1,000+ acres available for new theme park development across existing sites.
Additional cruise ship investments planned, with 2 new ships coming in 2025 and another in 2026.

abc7.com

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Posted 9/19/2023, 5:16:42 PM