Higher theme park attendance drives Euro Disney's Q3 revenue growth

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20 May 2013 World leisure: news, training & property

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08 Aug 2012

Higher theme park attendance drives Euro Disney's Q3 revenue growth

BY Pete Hayman

Higher theme park attendance drives Euro Disney's Q3 revenue growth

Image: Visitor numbers fuelled Q3 revenue growth

Increased visitor expenditure and theme park attendance have fuelled a 4 per cent growth in Euro Disney Associés' resort revenues for the third quarter ending 30 June 2012.

In its resort operating segment, the operator of French attraction Disneyland Paris reported revenues of nearly EUR358m (US$443m, £283m) - despite lower hotel occupancy.

For the nine months ending 30 June 2012, the group's resort division recorded revenues of nearly EUR909m (US$1.1bn, £718m) - a 2.3 per cent increase on the same time last year.

Hotel and Disney Village revenues remained stabled compared with last year, with a 3.4 per cent decline in hotel occupancy offset by a 5 per cent increase in average spend per room.

Euro Disney S.A.S chief executive officer Philippe Gas said: "We are pleased with the strong launch of our 20th Anniversary celebration, which has helped us drive revenue growth in the third quarter, in a still uncertain economic environment.

"We are confident that the commitment of our cast members and the enhancement of Disneyland Paris will continue to generate growth and help us drive our business towards long term profitability."

Click here for more information about Euro Disney Associés' Q3 results.

Image: Michael Plasmeier

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