Disney Parks Attendance Leveling Out Post-COVID, Lower Demand Expected This Year

Shannen Ace

Crowd in front of Sleeping Beauty Castle at Disneyland

Disney Parks Attendance Leveling Out Post-COVID, Lower Demand Expected This Year

During Tuesday morning’s earnings call, The Walt Disney Company CEO Bob Iger noted that theme park attendance is finally leveling out post-COVID-19 closures and restrictions.

Disney Parks earned $8.3 billion in revenue in Q2 2024, an increase of 10% from the same quarter in 2023.

CFO Hugh Johnston predicts lower demand for theme parks through the rest of this fiscal year. Immediately after COVID-19 lockdowns, there was a large desire for travel that is now waning. But he and Iger emphasized that there are still plenty of bookings, indicating “healthy growth.”

“We still certainly feel good about the opportunities for continued strong growth,” Iger said. “I feel like the parks business is still doing very very well. We’ve got the best in the business in terms of product. People still have a strong desire to basically go on vacation and come to see us.”

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