The Walt Disney Company has posted its third quarter results for 2014, with revenue in theme parks showing an eight per cent increase for the quarter up to US$3.98bn (€2.97bn, £2.36bn) compared to the same time last year.

Disney’s theme park division saw an increase in revenue thanks to increased guest spending and high attendances at Walt Disney World and Disneyland Resort, according to the company’s Q3 report.

Theme park revenue for the fiscal year so far tallied at US$11.1bn (€8.3bn, £6.6bn), up seven per cent on last year’s results.

Operating income for the quarter came in 23 per cent up compared to the same period last year, reaching US$848m (€634m, £503m) from US$689m (€515m, £409m). Income for the nine-month-period ending 28 June totalled US$1.9bn (€1.4bn, £1.1bn), up 20 per cent from last year’s comparable figures.

“Guest spending growth reflected higher average ticket prices for admissions at our theme parks and for sailings at our cruise line and increased food, beverage and merchandise spending. Higher costs were driven by the new MyMagic+ programme plus labour and other cost inflation, partially offset by lower pension and post retirement medical costs," said the report.

The report did note that Disneyland Paris saw a decrease in operating income, said to be due to “higher operating costs, decreased attendance and occupied room nights and lower special event revenue,” though the decrease was partially offset by higher average ticket prices.

Disney's overall revenue for all divisions reached US$12.4bn (€9.2bn, £7.4bn) for the quarter, up eight per cent from US$11.5bn (€8.6bn, £6.8bn) in Q3 2013.