Walt Disney World’s Avatar land at Disney’s Animal Kingdom will open May 27, and the Star Wars land under construction will open at Disney’s Hollywood Studios in 2019.
Chief Executive Officer Bob Iger told analysts today that Pandora: The World of Avatar at Disney’s Animal Kingdom has “an extremely unique design and architecture. It really does make you feel you’re in Pandora.”
It is “the biggest new land we’ve opened in Florida in a very long time. I think that’s good for the whole business down there…. We really believe in the coming years the interest in Avatar is only going to grow as those movies enter the marketplace. We can’t quantify it but we think this is big potential.”
Disney released the news at the same time it reported its theme parks brought in fewer people during the quarter ending Dec. 31 compared with the previous year.
Parks and resorts revenues still increased 6 percent because of visitors spending more on tickets, food, and hotel rooms. Operating income growth increased 13 percent
Disney said attendance reflected the prior-year benefit of Disneyland’s 60th anniversary celebration and the impact of Hurricane Matthew, which forced Walt Disney World to close for a day.
Overall, The Walt Disney Co. reported adjusted earnings per share of $1.55, a 5 percent decrease from the previous year. Disney’s revenue of $xx missed analysts’ expectations.
Analysts expected fiscal first-quarter earnings of $1.49 per share on $15.26 billion in revenue, according to Thomson Reuters consensus estimates.
While revenue was up for the theme parks, it was down in other segments including media networks, consumer products and studio entertainment.
spedicini@orlandosentinel.com or 407-420-5240; Twitter @SandraPedicini
New renderings of the “Star Wars”-themed lands coming to both Disney’s Hollywood Studios and Disneyland debuted on ABC’s Disneyland 60th anniversary special Feb. 21, 2016.
The Epcot International Festival of the Arts focuses on visual arts, performing arts and culinary arts. Theme park reporter Dewayne Bevil breaks down the different categories.
The Epcot International Festival of the Arts focuses on visual arts, performing arts and culinary arts. Theme park reporter Dewayne Bevil breaks down the different categories.
The Epcot International Festival of the Arts focuses on visual arts, performing arts and culinary arts. Theme park reporter Dewayne Bevil breaks down the different categories.
The Epcot International Festival of the Arts focuses on visual arts, performing arts and culinary arts. Theme park reporter Dewayne Bevil breaks down the different categories.
Disney has added a VIP tour to its lineup, focusing on at least 10 classic attractions inside Magic Kingdom.
Disney has added a VIP tour to its lineup, focusing on at least 10 classic attractions inside Magic Kingdom.
An online petition has been started asking Walt Disney World to keep the Donald Trump animatronic figure silent when it debuts at the Hall of Presidents.
An online petition has been started asking Walt Disney World to keep the Donald Trump animatronic figure silent when it debuts at the Hall of Presidents.
On this edition of Orlando Sentinel Snapshot we take a peek inside the local foodie culture and explore the growing culinary trends of 2017.
On this edition of Orlando Sentinel Snapshot we take a peek inside the local foodie culture and explore the growing culinary trends of 2017.
Disney release a new video looking at Pandora, The World of Avatar, opening at Disney’s Animal Kingdom in 2017.
Disney release a new video looking at Pandora, The World of Avatar, opening at Disney’s Animal Kingdom in 2017.
spedicini@orlandosentinel.com or 407-420-5240; Twitter @SandraPedicini
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