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Disneyland Paris Reports Substantial Cash Loss in Q1 & Q2
Loss Accredited to Capital Investment and Inflation.
May 22, 2012 - ZacharyFakterowitz
Marne-la-Vallée, France -
© Disneyland Paris
Disneyland Paris is celebrating it’s 20th anniversary. However, this celebration has had a bit of a sour note on the resort's finances. Disneyland Paris (which is only partly-owned by the Walt Disney Company) is reporting a €120.9 million Euro loss (that is around a $154.1 Million in USD) for the first two quarters of Fiscal Year 2012.
There is a positive side to the news. Revenue for the resort increased by 1% to €551 million ($702 million). This was due to a higher rate of guest spending, and the resort says approximately 6.8 million guests visited the resort. The average guest spent approximately €44.11 euros ($56.25 USD) in the resort. Hotels at the resort averaged a 79.8% occupancy rate which is down from a 83.4% occupancy rate in the last half of FY2011. The average spending per guest room was up from €199.65 ($254.61 USD) at the end of FY2011 to €207.29($264.35 USD).
The Chief Executive Office of Euro Disney, Philippe Gas, comments on the results:
“The challenging economic environment has impacted attendance and occupancy compared to last year, but we are encouraged by our ability to continue to improve guest spending and resort revenues.
This semester, we significantly increased our investments in the guest experience, through new entertainment and product offerings as well as targeted refurbishments in both our parks and hotels. These investments are essential for our 20th Anniversary celebration launched in April and the long term success of Disneyland Paris.”
© Disneyland Paris
The new Disney Dreams show at Disneyland Paris
One of those major investments was in the creation of the new Nighttime spectacular Disney Dreams which recently premiered at the resort. Disneyland Paris also has confirmed the plan to make approximately €150 million ($192 million USD) in capital investment in the next few years. Rumors suggest that this money will go towards the building of a new Trackless Ratatouille dark ride for the Walt Disney Studios Park and to upgrade Star Tours into Star Tours the Adventures Continue. Plans have not officially been released for either.
© Disneyland Paris
Disneyland Paris is celebrating it’s 20th anniversary. However, this celebration has had a bit of a sour note on the resort's finances. Disneyland Paris (which is only partly-owned by the Walt Disney Company) is reporting a €120.9 million Euro loss (that is around a $154.1 Million in USD) for the first two quarters of Fiscal Year 2012.
There is a positive side to the news. Revenue for the resort increased by 1% to €551 million ($702 million). This was due to a higher rate of guest spending, and the resort says approximately 6.8 million guests visited the resort. The average guest spent approximately €44.11 euros ($56.25 USD) in the resort. Hotels at the resort averaged a 79.8% occupancy rate which is down from a 83.4% occupancy rate in the last half of FY2011. The average spending per guest room was up from €199.65 ($254.61 USD) at the end of FY2011 to €207.29($264.35 USD).
The Chief Executive Office of Euro Disney, Philippe Gas, comments on the results:
“The challenging economic environment has impacted attendance and occupancy compared to last year, but we are encouraged by our ability to continue to improve guest spending and resort revenues.
This semester, we significantly increased our investments in the guest experience, through new entertainment and product offerings as well as targeted refurbishments in both our parks and hotels. These investments are essential for our 20th Anniversary celebration launched in April and the long term success of Disneyland Paris.”

© Disneyland Paris
The new Disney Dreams show at Disneyland Paris
One of those major investments was in the creation of the new Nighttime spectacular Disney Dreams which recently premiered at the resort. Disneyland Paris also has confirmed the plan to make approximately €150 million ($192 million USD) in capital investment in the next few years. Rumors suggest that this money will go towards the building of a new Trackless Ratatouille dark ride for the Walt Disney Studios Park and to upgrade Star Tours into Star Tours the Adventures Continue. Plans have not officially been released for either.
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