Disney is significantly boosting investment in its Parks, Experiences and Products segment, with plans to almost double capital expenditures to around USD $60 billion over the next decade, The Walt Disney Company revealed in a statement.
This investment will focus on expanding domestic and international parks and the capacity of its cruise line. A central strategy for this expansion is leveraging the company’s entertainment division’s library of stories, ranging from "Avatar" to "Zootopia."
New attractions based on popular franchises like "Frozen" are in development, while others like "Wakanda" and "Coco" present potential future opportunities. Alongside this, Disney intends to utilize its land reserves for new developments and increase its cruise line's capacity, aiming to target Disney enthusiasts who haven't yet visited their parks or experiences.
You will be redirected in 2 seconds.
CLICK HERE FOR FULL STORY
