Disney Parks and Resorts has reported a 3 per cent increase in revenues for the three months to 3 July.

The increase was offset by falls in attendance and hotel occupancy, resulting in the park division experiencing an 8 per cent fall in operating income.

The mixed results at its parks did not dampen the entertainment giant's third quarter results, however.

It announced a 40 per cent jump in overall profit thanks to its media networks seeing a 43 per cent increase in income - fuelled by the success of hit movies such as Toy Story 3 and Alice in Wonderland.

The group's net profit rose to $1.3bn (£820m), from $954m a year ago. Revenues rose 16 per cent to US$10bn.

Disney's president and chief executive officer, Robert A. Iger, said: "We're very pleased with our strong third quarter, in which we grew revenues substantially and improved profitability across the majority of our businesses.

"Our performance underscores the value of sticking to a smart strategy even in tough times, of investing in the right people, and of focusing relentlessly on quality and innovation to drive growth in shareholder value."

In a move that was seen as a sign that the sector was recovering, Disney last week increased the price of annual passes to Walt Disney World by US$10, while Magic Your Way and Park Hopper Tickets are also going up.