Originally Posted By Malin Third quarter Resort revenues increased 7% to € 344 million, reflecting higher guest spending and volume in both parks and hotels Nine-month year-to-date revenues up 1% to € 903 million, reflecting a 6% increase in Resort revenues, partially offset by a € 41 million decrease in Real Estate revenues due to the sale of a significant property in the prior-year period Commenting on the results, Philippe Gas, Chief Executive Officer of Euro Disney S.A.S, said: "Our third quarter Resort revenues ended up 7% to the prior year, driven by increases in attendance, occupancy and guest spending. The growth in our Resort business for the nine months has been sufficient to compensate for the significant property sale we had in the third quarter of last year, resulting in Group revenues up 1% to last year. In April we launched the Disney Magical Moments Festival and are thrilled to reintroduce the popular Tarzan Encounter stage show this summer. As part of this celebration, our Cast Members continue to deliver great guest service, creating those special magical moments for all our visitors." <a href="http://corporate.disneylandparis.com/CORP/EN/Neutral/Images/uk-2011-08-09-revenues-for-the-nine-months-ended-june-30-2011.pdf" target="_blank">http://corporate.disneylandpar...2011.pdf</a>
Originally Posted By dagobert I think that's not bad, since the summer holidays are in the fourth quarter. I'm curious if ED SCA is able to make a profit this year. What do you think?
Originally Posted By Malin It would be great to see them make a profit. Especially since the Resort is offering no new offerings for the year. Except for that lame Magical Moments Festival. I always feel the future of the Resort depends on if it can make a profit without the need of an E Ticket like Tower of Terror or Space Mountain.
Originally Posted By dagobert >>I always feel the future of the Resort depends on if it can make a profit without the need of an E Ticket like Tower of Terror or Space Mountain.<< I think without the recent economic crisis in the last three years, DLRP would already make a profit. The resort had a lot of bad luck in the last years and I really hope that changes now.
Originally Posted By Bolna Interesting that the increase in revenue is also due to more visitors from Britain and Spain - I wonder how sustainable this increase may be? But then on the other hand, maybe people pick a short trip to DLP instead of longer trips which would be more expensive? I just hope that they won't think that the Magical Moments Festival is the reason for the increase in visitors... I rather would not see another version of this.
Originally Posted By Dr Hans Reinhardt I wonder if the costs of all the refurbs are included in these numbers. If so, the results may be even better than they seem.
Originally Posted By Bolna <<I wonder if the costs of all the refurbs are included in these numbers.>> I don't think so since it is only "revenue" - so if I understand that correctly that would only the money coming in? The interesting numbers would indeed be what kind of real results these revenue numbers really created once the money spent has been subtracted.
