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Disney theme parks return to profit
Disney theme parks have turned a corner, posting its first quarterly profit since the beginning of the pandemic. It saw income of $356 million and cited the reopening of Disneyland Resort in California early in the quarter.
Revenue tripled to $4.3 billion in the quarter. I was also helped by increased capacity caps although it has recently reinstated the requirement to wear masks indoors.
Disney said it expects have its theme parks fully-staffed by the end of the year.
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
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