Saturday, July 28, 2007
Euro Disney revenue up in third quarter
PARIS -- Theme park operator Euro Disney SCA said Thursday that its third-quarter revenue rose 12% to €322 million ($444.7 million), citing stronger hotel revenue as well as a rise in the number of visitors. Theme park revenue gained 8% to €173.7 million, boosted by a 9% rise in attendance at Disneyland Paris. Hotels and Disney Village revenue rose 21% to €132.7 million, lifted by a 17% increase in average spending per room as well as a 4.7 percentage point increase in hotel occupancy. The company's real estate development segment revenue gained €1 million, boosted by the closing of a larger residential transaction than closed in the prior-year period, it said.