Currently, most Disney theme parks around the world are open, except for the ones at Disneyland Resort and Disneyland Paris (which recently had to close for a second time due to the Coronavirus).
Although Disney has reported an estimated $2.4 billion loss this year, some of its theme parks did achieve a net positive contribution this past quarter.
The Walt Disney Company’s 2020 fiscal year recently ended on October 3rd, 2020. In the fiscal year’s fourth (and final) quarter, Walt Disney World Resort, Shanghai Disney Resort, and Hong Kong Disneyland Resort actually all achieved a net positive contribution, generating revenue that exceeded variable cost.
That’s definitely great news for those theme parks and for The Walt Disney Company from a financial perspective.
The theme parks not included on this list are Tokyo Disney Resort, Disneyland Paris, and Disneyland Resort. We’ll definitely keep you updated as we learn more about Disney’s current financial situation and their expectations for the future.
Other News About Theme Parks and More
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- Disney and Universal Can’t “Have It Both Ways” According to New Documents in Midjourney Lawsuit
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- The TSA Just Issued a NEW Travel Warning
- NEWS: Air Canada Suspends Operations Following Flight Attendant Strike
- Hurricane Erin Now a Category 5 Storm – Here’s What That Means for Travelers
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