• Disney CEO boasts that people are spending 40% more at its parks. Here's what's driving up costs

    9 days ago - By Business Insider

    Charles Sykes/Invision/AP
    Disney said visitor spending at its US parks is up 40% from pre-pandemic levels.
    Guests are spending big on tickets, hotels, food and beverage, and merchandise.
    New, paid services that let visitors skip lines are also paying off for Disney, the company said.
    Visitors to Disney parks are spending big these days - even higher than pre-pandemic levels. Disney reported second-quarter earnings Wednesday, beating Wall Street expectations on streaming subscriber growth and reporting that revenues from its parks, experiences, and products segment more than doubled...
    Read more ...