Tuesday, October 21, 2008

Euro Disney in profit

Euro Disney has moved into profit, with record visitor numbers and hotel occupancy rates, thanks to new attractions drawing more Brits.


The theme park operator reported a net profit of €1.7m (£1.36m) for the year to the end of 30 September, compared to a net loss of €41.6m (£33m) for the prior-year period.

DisneyLand Paris saw record attendance figures of 15.3m (up from 14.5m in 2007) and hotel occupancy rates of 91%, up from 89%.

Increased visitor numbers from the UK, France and the Netherlands helped it reach this level, said chief executive Philippe Gas.

‘The popularity of Disneyland Resort Paris, Europe's number one tourist destination, continued to grow as guests discovered our new attractions including the iconic Twilight Zone Tower of Terror, Cars Race Rally, Crush's Coaster, the interactive experience Stitch Live! and the High School Musical shows inspired by the popular Disney franchise,’ he said.

Theme parks revenues increased 9% to €715.8m (£572m), and there was a 3% increase in average spending per guest to €46.3 (£37).

Hotels and Disney Village revenues increased 7% to €515.6m (£412m), and the increase in hotel occupancy can be attributed to more leisure guests from the UK and Spain.

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