Disney gain preview: Investors design momentum
3 views - published on May 7th, 2013 in Disney News tagged Disney, disney vacation, timeshares, vacationThe Walt Disney Co. will news gain after currently for a initial 3 months of 2013 — a second entertain of a company’s mercantile year — and investors are awaiting to see justification of movement in Disney’s theme-park division.
Disney has plowed tighten to $6 billion into a domestic vacation businesses over a final few years, including dual new journey ships, a Hawaiian resort, Cars Land and other attractions during Disneyland, and New Fantasyland, a Art of Animation Resort and a MyMagic+ complement during Walt Disney World. Those projects have usually only begun to pierce past a breakeven indicate and generating distinction expansion for Disney.
Another reason for optimism: Strong formula reported final week by opposition Comcast Corp., that owns Universal Orlando and Universal Studios Hollywood. Philadelphia-based Comcast pronounced income during a parks business jumped 12.2 percent during a initial entertain of 2013, driven by assemblage expansion on both coasts.
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Though Disney no longer reports specific formula for Disney World, explanation from government could yield some discernment into what impact New Fantasyland has had so distant on Disney’s Orlando businesses and some-more sum on a rollout of MyMagic+, that will embody wirelessly transmitting wristbands and a home ride-reservation complement dubbed FastPass+.
“We are bullish that MyMagic+ (wireless wristbands, outing preplanning) will raise guest satisfaction, while Marvel/Lucasfilm should raise park content,” Deutsche Bank researcher Doug Mitchelson combined in a investigate note released Monday.
jrgarcia@tribune.com