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Excerpt from www.disneytouristblog.com
During the main presentation, Disney CFO Hugh Johnston shared that this quarter’s growth was driven by growth of Disney Cruise Line and Walt Disney World on the domestic side, with Hong Kong Disneyland outperforming among the international side. With regard to HKDL, this makes a lot of sense. Hong Kong is undoubtedly seeing lagged pent-up demand since it reopened slower, meaning it has easier comparisons from the last couple of years. Add the new World of Frozen to the mix, and HKDL is likely to outperform for the next few years. As that little park has struggled for so long, we love to see it doing so well that it warrants mentioning on the earnings call.
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