Analysts say that Disney Theme Parks are rebounding faster than expected

Analysts say that Disney Theme Parks are rebounding faster than expected

Disney theme parks took a big hit last year due to the pandemic. Now, analysts say the parks are rebounding faster and better than expected.

Despite a $2.6 billion hit to operating income, Disney’s Parks, Experiences and Products division did better than expected in the first quarter of 2021. That is due to increased theme park attendance, higher visitor spending and cost-cutting initiatives.

Analysts say that Disney Theme Parks are rebounding faster than expected

Attendance at Walt Disney World increased during the Christmas holidays and early this year. Pent-up demand to visit Disney theme parks and the rollout of the COVID vaccine have attributed to the strong rebound.

“Vaccine progress, pent-up demand and pandemic-driven cost efficiencies position the parks segment for a strong rebound in FY22 and record profits in FY23,” according to a UBS analysts report.


Walt Disney World, Tokyo Disneyland and Shanghai Disneyland have all reopened with COVID-19 health and safety protocols. Hong Kong Disneyland will reopen for the third time during the pandemic on February 19. Disneyland Paris has reclosed due to a spike in COVID-19 cases.

Analysts say that Disney Theme Parks are rebounding faster than expected

Disneyland and Disney California Adventure have remained closed for almost a year now with no reopening in sight.

Related – California theme parks are Ready To Reopen Responsibly

According to a Rosenblatt analyst report, if the COVID-19 vaccine rollout is largely complete in 2021, Disney parks could return to pre-pandemic levels of profitability in 2022.

Source: OC Register

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Sara is a travel agent with Destinations to Travel, a Disney Earmarked agency. She lives in Alaska with her husband and 3 kids. Due to her extreme dislike of winter, she travels often to warmer destinations during the colder months. She visits the Disney parks and resorts frequently with her family and loves helping other families plan magical vacations. Contact her here for help with your vacation!
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