Disney's $60 Billion Investment: Doubling Down on Parks and Cruises
Disney plans to spend approximately $60 billion over the next decade to expand its domestic and international theme parks and continue building its cruise line. This investment doubles the amount spent on parks and cruises in the past decade. Despite challenges in other divisions, Disney's parks and cruise business has been a bright spot, generating significant operating income. The company sees significant growth potential in its parks business, with plans to incorporate more intellectual properties and expand capacity. However, there are risks associated with increased investment in theme parks, including external factors beyond Disney's control. Disney also intends to focus on developing new ports for its cruise ships, with a new ship set to be based in Singapore starting in 2025.
- Disney, Challenged Elsewhere, Plans to Spend $60 Billion on Parks and Cruises The New York Times
- Disney plans to nearly double its investment in parks and cruises business CNBC
- Disney to Invest $60 Billion in Theme Parks, Cruises Over Next Decade The Wall Street Journal
- Disney Stock Slips After Media Giant Unveils Plan To Double Spending On Theme Parks To $60B Over Next 10 Years Deadline
- Disney to Nearly Double Investment in Its Parks Business. The Stock Is Falling. Barron's
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