Increased spending at Walt Disney World resort and Disney Cruise Line boosted quarterly growth in the entertainment giant’s experiences division by 10%.
The unit reported revenue of $8.4 billion and operating income of $2.3 billion in the three months to the end of March.
The company reported overall revenues of $22.1 billion for its second quarter of the year, up from $21.8 billion during the same period last year.
Disney said it expected “robust” operating income growth at the experiences arm for the full year.
Chief executive Bob Iger that the group was “turbocharging growth” in the experiences business “with a number of near- and long-term strategic investments”.
The Walt Disney Company reported that a rise in operating income at its US parks and experiences was due to higher results at Walt Disney World Resort and Disney Cruise Line, partially offset by lower results at Disneyland Resort.
Increased spending at Walt Disney World Resort in Florida was attributable to higher average ticket prices.
Growth at Disney Cruise Line was due to an increase in average ticket prices, partially offset by higher costs.
The decline in operating results at Disneyland Resort in California was due to higher costs driven by inflation despite an increase in guest spending due to higher average ticket prices and daily hotel room rates.
Higher international parks and experiences’ operating results were due to an increase in operating results at Hong Kong Disneyland Resort due to higher guest spending and attendance.