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NEWS
Iger downplays Orlando problems as Disney records strong Q3 earnings
POSTED 10 Aug 2016 . BY Tom Anstey
Iger says that overall international visitation so far hasn’t dropped significantly, though some individual markets are being affected Credit: Alex Gallardo/AP/Press Association Images
Despite a decline in theme park attendance, Disney has recorded strong overall earnings following the release of its Q3 results.

Overall theme park revenue for the company increased 6.6 per cent to US$4.4bn (€3.9m, £3.4m), with spend per visitor increasing. Operating income also rose 8 per cent to US$994m (€888.4m, £759.6m), though those numbers were partially offset by a decrease for Disney’s overseas operations.

Internationally, Disney’s new Shanghai opening has been very successful so far, with the company reporting 95 per cent occupancy rates and visitors staying two hours longer on average than expected. Hong Kong Disneyland also saw improved results, though operating income was lower at Disneyland Paris.

“There've been some foreign exchange issues that we've seen, but – and clearly what's happened in Europe on the terrorism front has put a damper on the Paris results,” said Disney CEO Bob Iger, speaking during an earnings call. “I think the long-term trajectory of this business is quite strong.”

According to Disney, the timing of the Easter holiday was largely to blame for a 4 per cent drop year-on-year for Walt Disney World in Florida and Disneyland in California. Because of the holiday falling in March, it was of benefit to Disney’s Q2 results rather than Q3.

Despite Orlando facing a mire of problems, including a Brazilian recession, the Zika virus, Britain’s decision to leave the EU and fears over gun-related violence in the US, Iger said that overall international visitation so far hasn’t dropped significantly, though some markets are being affected.

“While there's a fair amount of concern about the international tourists, the mix of international tourists to our domestic parks hasn't really shifted that much,” said Iger.

“We've had shifts market-to-market. Brazil's had some big issues in the last year for instance. But the mix from international versus domestic attendance is basically in-line with what we've seen. Interestingly enough, Great Britain has been fairly strong, which given what's gone on there, particularly the headlines and the Brexit issue, you'd expect otherwise. But business is quite strong there."
RELATED STORIES
  Problems pile up for Orlando as Brexit, Brazil, Zika and safety could affect tourism


Britain’s decision to leave the European Union (EU), Brazil’s recession, the Zika virus in Florida and heightened tensions in the wake of acts of violence in the US, are having an adverse effect on Orlando’s economy.
  Anaheim approves US$550m tax break for luxury Disneyland hotels


Disney and property developer Wincome Group will receive a combined US$550m (€493.5m, £411.3m) tax break to build three new four-star hotels at Disneyland in California.
  Disney offers new look at upcoming Star Wars lands


Disney has revealed a new artist's impression for its Star Wars lands being built at its theme parks in Florida and California.
  Tokyo Disney Resort plans ¥250bn expansion in bid to draw more visitors


Kyoichiro Uenishi, president of Tokyo Disney Resort operator Oriental Land Co, has said the company is planning to introduce a raft of premier new attractions as it aims to increase annual visitor numbers by 10 per cent over the next decade.
MORE NEWS
Rainer Maelzer joins Therme Group as chief entertainment officer
Rainer Maelzer, an experiential entertainment innovator, has been appointed chief entertainment officer by Therme Group.
Movie Park Germany reveals new Paramount attraction as part of its 30th anniversary celebrations
Movie Park Germany has opened a new Paramount Pictures-themed attraction as part of its 30th anniversary celebrations, using immersive storytelling and adaptive reuse to reinforce the park’s longstanding “Hollywood in Germany” positioning.
Therme Manchester reveals 90:90 strategy – 90 per cent of the UK population within a 90-minute drive of a Therme
Therme Manchester’s 28-acre development, which will include interconnected glass pavilions that measure 65,000sq m, will be the largest bathing and wellbeing attraction in the world once complete, according to prof David Russell, CEO of Therme UK. 
Efteling expands family offer with new Hooghmoed drop tower
Efteling has opened Hooghmoed, a new family drop tower designed to broaden the appeal of its recently launched Sirene Island themed area and introduce younger visitors to thrill attractions.
+ More news   

COMPANY PROFILES
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Founded in 1993, Taylor Made Designs supply corporate clothing and brand-enhancing merchandise to [more...]
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Vekoma Rides has a large variety of coasters and attractions. [more...]
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A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
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FEATURED SUPPLIER

Iconic Liverpool attraction opens door to new operators
An opportunity to reimagine one of the UK’s most recognisable towers has been formally opened by Rivington Hark, as St Johns Beacon invites operators and partners to shape its next phase. [more...]
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NEWS
Iger downplays Orlando problems as Disney records strong Q3 earnings
POSTED 10 Aug 2016 . BY Tom Anstey
Iger says that overall international visitation so far hasn’t dropped significantly, though some individual markets are being affected Credit: Alex Gallardo/AP/Press Association Images
Despite a decline in theme park attendance, Disney has recorded strong overall earnings following the release of its Q3 results.

Overall theme park revenue for the company increased 6.6 per cent to US$4.4bn (€3.9m, £3.4m), with spend per visitor increasing. Operating income also rose 8 per cent to US$994m (€888.4m, £759.6m), though those numbers were partially offset by a decrease for Disney’s overseas operations.

Internationally, Disney’s new Shanghai opening has been very successful so far, with the company reporting 95 per cent occupancy rates and visitors staying two hours longer on average than expected. Hong Kong Disneyland also saw improved results, though operating income was lower at Disneyland Paris.

“There've been some foreign exchange issues that we've seen, but – and clearly what's happened in Europe on the terrorism front has put a damper on the Paris results,” said Disney CEO Bob Iger, speaking during an earnings call. “I think the long-term trajectory of this business is quite strong.”

According to Disney, the timing of the Easter holiday was largely to blame for a 4 per cent drop year-on-year for Walt Disney World in Florida and Disneyland in California. Because of the holiday falling in March, it was of benefit to Disney’s Q2 results rather than Q3.

Despite Orlando facing a mire of problems, including a Brazilian recession, the Zika virus, Britain’s decision to leave the EU and fears over gun-related violence in the US, Iger said that overall international visitation so far hasn’t dropped significantly, though some markets are being affected.

“While there's a fair amount of concern about the international tourists, the mix of international tourists to our domestic parks hasn't really shifted that much,” said Iger.

“We've had shifts market-to-market. Brazil's had some big issues in the last year for instance. But the mix from international versus domestic attendance is basically in-line with what we've seen. Interestingly enough, Great Britain has been fairly strong, which given what's gone on there, particularly the headlines and the Brexit issue, you'd expect otherwise. But business is quite strong there."
RELATED STORIES
Problems pile up for Orlando as Brexit, Brazil, Zika and safety could affect tourism


Britain’s decision to leave the European Union (EU), Brazil’s recession, the Zika virus in Florida and heightened tensions in the wake of acts of violence in the US, are having an adverse effect on Orlando’s economy.
Anaheim approves US$550m tax break for luxury Disneyland hotels


Disney and property developer Wincome Group will receive a combined US$550m (€493.5m, £411.3m) tax break to build three new four-star hotels at Disneyland in California.
Disney offers new look at upcoming Star Wars lands


Disney has revealed a new artist's impression for its Star Wars lands being built at its theme parks in Florida and California.
Tokyo Disney Resort plans ¥250bn expansion in bid to draw more visitors


Kyoichiro Uenishi, president of Tokyo Disney Resort operator Oriental Land Co, has said the company is planning to introduce a raft of premier new attractions as it aims to increase annual visitor numbers by 10 per cent over the next decade.
MORE NEWS
Rainer Maelzer joins Therme Group as chief entertainment officer
Rainer Maelzer, an experiential entertainment innovator, has been appointed chief entertainment officer by Therme Group.
Movie Park Germany reveals new Paramount attraction as part of its 30th anniversary celebrations
Movie Park Germany has opened a new Paramount Pictures-themed attraction as part of its 30th anniversary celebrations, using immersive storytelling and adaptive reuse to reinforce the park’s longstanding “Hollywood in Germany” positioning.
Therme Manchester reveals 90:90 strategy – 90 per cent of the UK population within a 90-minute drive of a Therme
Therme Manchester’s 28-acre development, which will include interconnected glass pavilions that measure 65,000sq m, will be the largest bathing and wellbeing attraction in the world once complete, according to prof David Russell, CEO of Therme UK. 
Efteling expands family offer with new Hooghmoed drop tower
Efteling has opened Hooghmoed, a new family drop tower designed to broaden the appeal of its recently launched Sirene Island themed area and introduce younger visitors to thrill attractions.
Universal and Puy du Fou projects point to rise of Oxford–Cambridge corridor
A proposed Puy du Fou development near Bicester and Universal Destinations and Experiences’ planned resort in Bedford are emerging as part of a wider transformation of the Oxford– Cambridge Growth Corridor into a major centre for UK leisure and tourism inv
Shedd Aquarium upgrades its visitor experience with new Immersion Theater
Shedd Aquarium has opened the Immersion Theater developed in partnership with SimEx- Iwerks, as part of a wider strategy to enhance the guest experience and create additional revenue opportunities.
+ More news   
 
COMPANY PROFILES
Taylor Made Designs

Founded in 1993, Taylor Made Designs supply corporate clothing and brand-enhancing merchandise to [more...]
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
+ More profiles  
FEATURED SUPPLIER

Iconic Liverpool attraction opens door to new operators
An opportunity to reimagine one of the UK’s most recognisable towers has been formally opened by Rivington Hark, as St Johns Beacon invites operators and partners to shape its next phase. [more...]
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

09-11 Jun 2026

World Sauna Forum 2026

Savutuvan Apaja, Haapaniemi, Finland
23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS