walt disney (NYSE:DIS) introduced plans on Saturday to construct 4 new cruise ships and particulars of six new theme parks as the corporate expands its resort enterprise.
The corporate introduced the information at its biennial D23 fan convention This yr’s occasion was held on the Honda Middle in Anaheim, California.
Final yr, the corporate introduced a $60 billion funding over 10 years in its parks enterprise, practically double the quantity invested within the earlier decade. Its newest announcement provides buyers perception into the way it will spend the cash.
The corporate’s experiences section, which consists of parks and shopper merchandise, accounts for greater than half of its earnings. That quantity turns into much more necessary as Disney’s (DIS) conventional TV and streaming companies battle.
Disney (DIS) is seeing a “slight slowdown” in demand at its parks, finance chief Hugh Johnston mentioned throughout a third-quarter earnings name. The brand new points of interest might assist the corporate entice extra guests.
Disney’s (DIS) upcoming plans embrace doubling the Marvel-themed Avengers campus at Disney California Journey in Anaheim, Calif., and opening a brand new Villains park at Walt Disney World’s Magic Kingdom in Orlando, Fla. park.
Avengers Park will characteristic two new points of interest known as Avengers: Infinity Protection and Stark Flying Laboratory. California Journey will launch a brand new “Avatar” themed attraction based mostly on the most recent film “Avatar: Waterways.”
Walt Disney World’s new Villains Land might be related in measurement to the Star Wars theme park and can characteristic eating and procuring points of interest.
The corporate additionally introduced two new points of interest for its Animal Kingdom park in Orlando, Florida. The primary attraction might be themed across the Mayan temple found by Indiana Jones. The second attraction is impressed by Disney’s hit animation “Encanto.” Tropical America is anticipated to open in 2027.
Disney (DIS) additionally introduced the launch of a brand new park themed after Pixar’s “Monsters, Inc.” at Hollywood Studios at Walt Disney World Resort. The park will characteristic curler coasters and an space the place friends can stroll the streets with “monsters” from the film.
One other iconic Pixar franchise, Vehicles, will open a brand new space in a redesigned a part of Magic Kingdom’s Frontierland. The world will characteristic two new “automobiles” themed points of interest.
New Spider-Man points of interest might be added to Disneyland’s (DIS) parks in Shanghai and Hong Kong. A Paris park can have a brand new journey based mostly on “The Lion King.”
To have fun Disneyland California’s seventieth anniversary subsequent yr, the park will characteristic an animatronic model of co-founder Walt Disney.
The corporate additionally expects so as to add 4 new ships to its fleet between 2027 and 2031, bringing the whole fleet to 13 ships.
Disney (DIS) additionally revealed extra particulars about its partnership with online game maker Epic Video games. In February this yr, the corporate introduced that it will make investments $1.5 billion in Epic to develop new experiences: “a world of video games and leisure linked to Fortnite.”
Disney (DIS) Expertise mentioned: “All the pieces we’ll share with you is in energetic improvement. Plans are in place. Grime is shifting. I simply need to be clear on this: We’re engaged on all the pieces you heard right here tonight factor.
