Disney will open a theme park in Abu Dabi, the world’s seventh world.
The company has partnered with Miral Group based on ABU DHABI and brought the Waterfront Resort, Disneyland Abu Dhabi, to Yas Island.
Disney CEO BOB IGER mentioned the news on the company’s accounting Q2 Q2 performance phone on Wednesday.
“Disney Land Abu Davi will truly become Disney and definitely become Emmy Lati.” This will serve as a special Disney entertainment for millions and millions of people at the intersection of the world. “
Iger, speechlessly speaking from the United Arab Emirates, said he has visited the United States three times to prepare for the project for the past nine months. Disney will supervise the design of the park, license intellectual property and provide expertise, Iger said. Miral will provide the park’s capital, resources and operation supervision.
He said Disney would get royalties in the park. Disney staff are included in Disneyland Abu Dabi.
Disney believes that the park will attract customers in the Middle East, Africa, India, Asia, and Europe. The company says the UAE is on a four -hour flight of one -third of the world’s population.
On the phone, the IGER extended why Disney chose Abu Dhabi as a position. In addition to having a population with a large population near the park, Eager refers to the location near the “hundreds of millions of people” who are long and not expensive to travel to Disney’s six parks. So Disney decided to bring the product to them.
As an example of Disney’s popularity in the international market, he pointed out Disney Adventure Cruise ships, which will be the first to run in Singapore. The ship will debut in December. Iger said that the first quarter’s voyage was sold out in a few days.
Iger said, “There is a desire for consumers to interact with Disney in a large area.
Iger also said he was impressed by the UAE promise on quality, art and new arts. Specifically, he said that because of their thinking and gratitude for the company’s history and heritage, Disney “immediately combined with them.”
When the analyst asked if Disney is watching the world’s eighth Disney Park’s position, the IGER did not exclude the possibility, but it was not a short -term focus of the company.
Good branch for parks, hotels, cruises
Abu Davi’s announcement occurs when Disney invests more in theme parks than in the history of the company, Eager said. It invests more than $ 30 billion in parks in Florida and California, and is used to increase this park capacity. He guaranteed a good guest experience by attending Disney Cap.
The second quarter was good for Disney’s domestic park.
According to domestic parks and experiences, operating income increased by 13% to $ 1.8 billion. Global sales increased 6%, a total of $ 88.9 billion, and operating income increased by 9% to $ 24.9 billion.
Disney thought that with the debut of Disney treasures, Disney’s debut, due to the increase in Disney Cruise Line’s passenger cruise days, the increase in theme park attendance, and the increase in hotel room chestnuts through the Disney vacation club. Guest spending at the domestic theme park is also closed.
CFO HUGH Johnston said Florida’s reservation for Walt Disney World Resort is strong. About 80% of the 3Q reservations increased 4%. He said he increased by 7 percent in his fourth quarter, an increase of about 50-60 percent of his reservation.
Operating income for international parks and experiences has fallen, and Disney is due to the theme park attendance rate and cost of the Shanghai Disney Resort and Hong Kong Disneyland Resort.
Johnston hasn’t worsened for a while, Johnston added. Johnston said that attendance actually increased, but China’s per capita spending is not very high because Chinese consumers are slightly strengthening their belts.
