In a Q&A on the UBS World Media and Communications Convention, Disney CFO Hugh Johnston participated in an viewers dialogue concerning the Walt Disney Firm’s plans for the long run in its numerous divisions throughout leisure. Discuss quickly turned to how Disney Experiences is gearing up for the opening of Walt Disney World competitor Epic Universe at Universal Studios Orlando.
In accordance with a report from Blog Mickey, the dialogue offered new perception on how Disney Experiences, the Walt Disney Firm’s theme park and cruise model, is planning on tackling decrease demand as price increases hit at each the Disneyland and Walt Disney World resorts. Johnston admitted that declined attendance in the summertime of 2024 was a “hiccup” however that issues are “doing high-quality” with shoppers since.
That continues to be to be seen as only a couple weeks in the past, these worth hikes hit because the parks’ most in-demand season—the vacations—started. At the least Southern California residents can partake in a ticket bundle deal proper now on the Disneyland Resort as the brand new 12 months begins. The “Get a 3-Day Ticket for $67 Per Day” promotion is available for purchase now; it permits three visits between January 1 and Might 15, 2025.
With regard to Disney’s official stance on whether or not it’s feeling anxious concerning the extremely anticipated Epic Universe opening—an occasion that might probably have an effect on attendance at Walt Disney World in Orlando—Johnston affirmed even earlier than the query got here up that Disney’s parks division is an “asset of 1.”
For probably the most half, relating to IPs (wink at Marvel) they don’t essentially compete; Disney is engaged on incorporating experiences and points of interest based mostly on latest hit movies comparable to Encanto in subsequent 12 months’s new parade, and a 3D Zootopia present by the tip of subsequent 12 months.
When requested head-on, Johnston shared that general regard towards Epic Universe is extra of a welcoming feeling. Common’s theme park is about to open with lands impressed by Harry Potter, Learn how to Prepare Your Dragon (in time for the live-action movie), Nintendo, and the Common Monsters’ Darkish Universe—although the corporate’s greatest IP in the mean time is Wicked (which currently is without plans to be featured at the parks despite demand).
Johnston shared that there’s a way of “rising tide lifts all boats,” positing that people having extra cause to go to Orlando may permit for extra visits to embody each resorts. Nevertheless he additionally added that regardless of extra summer season bookings at Walt Disney World, the corporate remains to be “cautious and conservative” concerning the upcoming 12 months and have allotted “some unfavorable” into the books.
Need extra io9 information? Try when to anticipate the most recent Marvel, Star Wars, and Star Trek releases, what’s subsequent for the DC Universe on film and TV, and all the pieces you should learn about the way forward for Doctor Who.
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