Disney says visits to US theme parks are being deferred until Galaxy’s Edge is complete
Still, expenses at Galaxy’s Edge weighed on Disneyland and Walt Disney World during the quarter. The company had spent $2 billion on the creation of these two park lands, one based in Anaheim, California and one in Orlando, Florida.
Disney is confident that this will turnaround now that both parks will be open at the same time for a full quarter and more guests will flock to the two lands after the opening of the Rise of the Resistance ride. The ride will open in Orlando on Dec. 5 and in Anaheim on Jan. 17.
“The guest experience, guest satisfaction, are very, very high and ride availability or attraction availability in the high 90s,” he said. “That basically means that very, very complex technological attraction is running really well.”
Christine McCarthy, chief financial officer at Disney, said booked rates at its domestic hotels were pacing up 5% compared to the same time next year.