Disney is planning to invest $60 billion total in Disney Experiences, the theme parks division of the company, over the next 10 years. CEO Bob Iger announced on Wednesday that 70 percent of that investment will go to increasing capacity at the parks.
Disney to Invest 70% of $60 Billion Investment in Parks and Experiences
Disney announced last year that they were investing $17 billion in Walt Disney World specifically and $60 billion in parks overall, almost twice what they spent on parks and experiences in the past decade. They also stated they had over 1,000 acres of land to expand theme parks.
Disney Experiences made $9.1 billion total in the first quarter of 2024.
During the Wednesday earnings call, Iger answered a question about the timing and location of the investments. He stated fans can expect to see investment across the parks and on Disney Cruise Line. Regarding upcoming parks projects, he stated they have a menu of projects opening in 2025 and beyond.
At Disney’s Hollywood Studios, “The Little Mermaid – A Musical Adventure” will replace “Voyage of The Little Mermaid in the fall.
Among the “blue sky” projects in development is the “beyond Big Thunder Mountain” project which would be the biggest expansion of Magic Kingdom ever. A new Pirates of the Caribbean lounge including the return of Peg-Leg Pete the “Barker Bird” is also coming to Magic Kingdom.
For EPCOT, Disney is working on a Test Track update inspired by the park’s original World of Motion attraction. A new “Zootopia” show is planned to replace “It’s Tough To Be A Bug” at Disney’s Animal Kingdom while DinoLand U.S.A. may become a Tropical Americas land with DINOSAUR becoming an Indiana Jones attraction.
In California, The Haunted Mansion at Disneyland is currently closed for a significant expansion to the grounds. The regular version of the ride likely won’t return until 2025 although Haunted Mansion Holiday is expected to be open in the fall and winter.
Across the promenade, an Avengers multiverse attraction is in development for Avengers Campus.
The seventh Disney Cruise Line ship, Disney Adventure, is expected to launch in 2025 or 2026.
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