Disney to Invest $60 Billion in Theme Parks and Cruises Over Next Decade, Nearly Doubling Spending
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Disney plans to invest $60 billion into theme parks and cruises over the next 10 years, nearly double what it spent over the prior decade.
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The investment comes as Disney's parks business continues to perform well, offsetting struggles in other units.
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Expansion plans include new Frozen, Pirates of the Caribbean, and Zootopia lands and reimagining the Test Track ride.
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Disney sees significant room for further theme park expansion, with land for about 7 more Disneyland-sized parks across current sites.
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Disney is adding 3 new cruise ships between 2025-2026, part of previously announced plans.