Disney Theme Parks Hit Record $3.1 Billion in Revenue

Disney is generating insane amounts of cash from one of its theme park resorts.

A bustling day at disneyland with visitors enjoying the view of the iconic fairy tale castle. — Credit: Leo Rod, Flickr

The Walt Disney Company owns and operates a total of 12 different theme parks scattered across three continents. From the original Disneyland Park in California to Tokyo DisneySea in Japan, each Disney theme park is filled with fun and magical adventures.

While both Disneyland and Walt Disney World Resorts continue to be Disney’s most visited resorts, other places like Tokyo Disney and Shanghai Disney continue to boom, with Disneyland Paris now posting some truly impressive numbers.

Fireworks around Sleeping Beauty Castle at Disneyland Paris at nighttime — Credit: Disney

Disneyland Paris Posts Major Profits

According to a new report from The Guardian, revenue hit a record high, with Disneyland Paris generating a whopping $343.4 million in profit alone in 2023. Disneyland Paris’ revenue increased by a whopping 23.5%, reaching an all-time high of $3.1 billion.

The massive boosts in revenue and profits were mostly driven by the resort’s entertainment district, as well as Disneyland Paris’ list of hotels. Disneyland Paris is comprised of two theme parks, Disneyland Park and Walt Disney Studios Park, both of which feature a wide range of rides and attractions for guests to enjoy. Avengers Campus, the newest addition to the resort, can be found at Walt Disney Studios Park and allows guests to step into their own Marvel adventure alongside iconic characters like Iron Man, Loki, and Black Widow.

This increase in revenue is also attributable to increased prices at the resort’s hotels, such as the recently renovated Disneyland Hotel. This is quite a success story for the resort, which has encountered multiple issues since first opening in 1992. Over the last few decades of operation, Disneyland Paris has only posted a net profit 11 times.

Disneyland Paris has certainly faced its fair share of struggles, with 2023 being a rough year for the resort. Financially speaking, 2023 was a great year, but Disneyland Paris was the subject of multiple employee strikes throughout the year. Disneyland Paris employees sought better pay and working conditions, with demonstrations taking place over the course of the summer. Employees could be seen blocking the entrance to several rides and attractions, forcing the entire park to shut down temporarily. At one point, the entrance to Sleeping Beauty Castle was blocked by striking employees.

Employees were seeking a monthly wage raise of $217, as well as increased pay for weekend work. Staff were eventually given a 5.5% pay raise at the end of the summer.

However, Disneyland Paris posted lower crowds for the first quarter of 2024 and is facing higher operational costs due to inflation.

disneyland paris disney village — Credit: Disney Parks Blog

Disney is constantly seeking to improve and add to its long list of theme parks, and Disneyland Paris is no different. Multiple projects are currently underway at Disneyland Paris, with several locations gearing up for a complete renovation later this year. This is something guests have seen over the last few months at Disney Village, the resort’s large-scale shopping and dining district.

This area operates similarly to Disney Springs in Walt Disney World or Downtown Disney at Disneyland, providing guests with much-needed nighttime activities. Disney hopes that these new additions will bring in even more guests to the European resort, but only time will tell.

Have you ever been to Disneyland Paris?