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All in all, the Walt Disney Company hosts 12 different theme parks, with six other Resort campuses. Fans may be most familiar with Walt Disney World Resort, which hosts Magic Kingdom, Animal Kingdom, Hollywood Studios, and EPCOT.
Or, fans may be more familiar with Disneyland Resort, which hosts Disneyland Park and Disney California Adventure. But the Walt Disney Company has more up its sleeves than that.
The Walt Disney Company Has an Entire Arsenal of Entertainment Up Mickey’s Gloved Sleeves
Credit: Brian McGowan
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Across the pond, guests can find Tokyo Disney Resort (which is home to Tokyo Disneyland and Tokyo DisneySea), Disneyland Paris (sporting its version of Disneyland Park), Hong Kong Disneyland (home to Hong Kong Disneyland Park), and Shanghai Disney Resort (which is home to Shanghai Disneyland).
Not only that, but the Disney Cruise Line is equipped with an arsenal of luxurious cruise ships: Disney Magic, Disney Wonder, Disney Dream, Disney Fantasy, and Disney Wish.
Regardless of the Disney vacation you choose, there’s something for everyone, and it’s impossible to run out of ideas. As if things couldn’t get any better, Disney CEO Bob Iger and Chairman Josh D’Amaro have recently shared some huge news: Disney budgets are doubling, and the vacations are about to get way more exciting.
Disney Vacations Are About to Level Up In a Major Way!
Credit: Stone Hood
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It’s no secret that the Walt Disney Company’s biggest money-makers are the theme parks, especially when more extensive expansions are added, giving guests more incentive to visit and experience something new.
To keep that momentum going, CEO Bob Iger and Chairman Josh D’Amaro have announced that Disney plans to spend $60 billion in the next ten years, focusing entirely on Disney Parks and the Disney Cruise Line.
NEW: Disney will spend $60 billion over the next 10-year period to "expand and enhance" its domestic and international parks and cruise line capacity – nearly twice the amount spent in the previous 10-year period, the company revealed in a new SEC filing. pic.twitter.com/sLDpW6Xt5X
— Scott Gustin (@ScottGustin) September 19, 2023
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If that number looks and sounds like a lot, even for Disney, that’s because it totally is. It’s nearly double what the Walt Disney Company spent in the past decade, which brought expansions such as Star Wars: Galaxy’s Edge, Pandora – The World of Avatar, Toy Story Land, and an entire new Disney Cruise ship, Disney Wish.
The sky must be the limit for the next ten years if Disney is planning for such pricey expansions.
Reportedly, Disney is focusing on “turbo-charging” its arsenal of theme parks and cruise ships with five distinct goals:
As part of the "turbo-charging" of the parks segment, Disney shared a slide that features 5 specific strategies:
"Accelerate storytelling"
"Expand footprint"
"Advance commercial"
"Leverage talent"
"Reach new fans" pic.twitter.com/r7jazPqYw2— Scott Gustin (@ScottGustin) September 19, 2023
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In this social media post, theme park reporter Scott Gustin reveals those goals:
- Accelerate storytelling
- Expand footprint
- Advance commercial
- Leverage talent
- Reach new fans
Credit: Hansun Kim
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CEO Bob Iger and Chairman Josh D’Amaro are currently meeting with Wall Street investors at none other than the Walt Disney World Resort. As the two organizations discuss Disney’s plans to move forward and invest in theme parks and cruise lines, another statement has come out: Disney currently has “over 1,000 acres of land for possible future development to expand theme park space across its existing sights.”
D’Amaro continues, stating that the land mass is “the equivalent of about seven new Disneyland Parks.”
When will these changes occur? Which Disney Park will see changes first? At this point, we can only wait and see.
What expansions would you like to see at Disney World and Disneyland Resort? Let us know in the comments!
I hope that means he’s going to bring back all his amazing entertainers that he let go and put some great entertainment back in Mick fest for the fantasy back the way it was bring back trolley bring back the great entertainment that they have all let go
Entertainment is where the money needs to be spent. It’s amazing how people will come year after year to see the entertainment. Yes, they ride the rides also but the entertainment is what they love.
Work on back to Walt’s vision for Disney. Of late, your catering to a very small percentage of wackos in this world. Why put children at risk with these transgenders. Back off, or you will lose a big part of who keep you in business. Careful. Think long and hard. I have been DVC member for over 25 yrs. I keep walts vision alive. Right now you have a lot of bad press. My investment with you, is it at risk? I would like to know.