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Disneyland’s bigger crowds and higher ticket prices boost company profits

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Disney Parks & Experiences operating income increases more than 30% during the company’s fourth quarter.

Incredicoaster zooms through Pixar Pier at California Adventure in Anaheim, CA, on Wednesday, August 16, 2023. Increases in Disneyland’s attendance and ticket prices during the summer helped improve Disney’s bottom line as the Anaheim theme park remained a bright spot for the company while Disney World continued to recover from a 50th anniversary celebration hangover.

Disney’s fourth quarter covered most of the summer from the beginning of July through the end of September.Disney’s operating income increased in the fourth quarter due to higher attendance, higher average ticket prices and increased guest spending at the Disneyland resort. Sales of the new Disney Vacation Club Villas at the Disneyland Hotel also helped boost income.

The Walt Disney World resort continues to experience a “lapping effect” with lower numbers following the conclusion of the 50th anniversary celebration that brought big crowds to the Florida theme parks.

 

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