Walt Disney (NYSE:DIS) introduced on Saturday plans for 4 new cruise ships and particulars about six new themed lands, as the corporate pushes to broaden its resorts enterprise.
The corporate made the bulletins at its biannual D23 fan conference, with this 12 months’s occasion happening on the Honda Middle in Anaheim, California.
Final 12 months, the corporate introduced a $60 billion funding in its park phase over a 10-year interval, practically double that within the earlier 10-year interval. Its newest bulletins present traders with perception into how it’ll spend that cash.
The corporate’s experiences phase, consisting of its parks and client merchandise, accounts for simply over half of its revenue. That determine has develop into extra vital as Disney (DIS) struggles with its conventional tv and streaming companies.
Throughout its third-quarter earnings name, finance chief Hugh Johnston stated that Disney (DIS) noticed a “slight moderation” in demand for its parks. New points of interest may assist the corporate pull in additional guests.
Disney’s (DIS) upcoming plans embody the doubling of its Marvel-themed Avengers campus at Disney California Journey in Anaheim, California, and a brand new villains land at Walt Disney World’s Magic Kingdom in Orlando, Florida.
The Avengers campus will see two new points of interest named Avengers: Infinity Protection and the Stark Flight Lab. California Journey will see a brand new “Avatar”-themed attraction primarily based on the newest “Avatar: The Means of Water” movie.
Walt Disney World’s new villians land will boast a measurement just like the Star Wars-themed land, and will likely be house to 2 main points of interest, eating and buying.
The corporate additionally introduced two new points of interest for its Animal Kingdom park in Orlando, Florida. The primary attraction will likely be primarily based on Indiana Jones’ discovery of a Maya temple. The second attraction will likely be impressed by Disney’s animated hit “Encanto.” Tropical Americas is anticipated to open in 2027.
Disney (DIS) additionally introduced a brand new land themed round Pixar’s “Monsters, Inc.” at its Hollywood Studios at Walt Disney World Resort. The land will function a coaster and an space the place guests will be capable of stroll the streets with “monsters” from the film.
Pixar will see one other iconic franchise, “Automobiles”, get a brand new space in a reimagined part of Frontierland at Magic Kingdom. The world will function two new “Automobiles”-themed points of interest.
Disney’s (DIS) parks in Shanghai and Hong Kong will see the addition of latest Spider-Man points of interest. The Paris park will obtain a brand new experience primarily based on The Lion King.
To rejoice the seventieth anniversary of California’s Disneyland subsequent 12 months, the park will function 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 fleet to a complete of 13.
Disney (DIS) additionally revealed further particulars on its collaboration with video-game maker Epic Video games. In February, the corporate introduced a $1.5 billion stake in Epic to work with on new experiences: a “video games and leisure universe linked to Fortnite”
“All the pieces we’re going to share with you is in energetic growth. Plans are drawn. Dust is shifting. I simply wish to be clear about this: We’re doing all the pieces you’ve heard right here tonight,” stated Disney (DIS) Experiences chairman Josh D’Amaro.