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The new ship will be modeled after the Wish, the largest vessel in Disney’s fleet. OLC, the operator of Tokyo Disneyland, will also operate the new cruise vessel. The cruise industry has been enjoying a rebound from a global shutdown during the COVID-19 pandemic. The Cruise Lines International Association expects the number of passengers to reach 34.7 million this year, up 17% from 2019.
Disney’s experiences business, which includes its domestic and international parks and cruise line, accounted for more than one-third of the company’s revenue in the March quarter, and nearly 60% of its operating income.