http://corporate.disneylandparis.com/CO ... r-2012.pdf (http://corporate.disneylandparis.com/CORP/EN/Neutral/Images/uk-2012-11-08-euro-disney-sca-reports-annual-results-for-fiscal-year-2012.pdf%22%20target=%22_blank%22%20rel=%22nofollow)
Highlights:
- TWDC taking the €1.7 billion debt and clearing the decks.
- Resort attendance at record 16 million.
- Revenues up 2%
- Second half of year up 5% on attendance due to 20th.
From the conference call:
3 new hotels in design phase.
- New luxury hotel at the parks,
- First phase 2016/2017 2 mid value (Santa Fe, Cheyenne style), will use Disney theme and story rather than geography as is current.
- Hotels 800/1000 rooms.
- 20th bigger than 15th in terms of response.
- Same investment into 2013, slight increase on 2012 in parks.
- WDS investment to 2018/2019, to make it more like Disneyland Parc in terms of attract-ability.
Sounds promising, can't wait.
Good idea to use Disney themes for the new hotels instead of geography, what's the betting on a Toy Story themed hotel.
WDS investment to make it more like Disneyland Park, good news and it will be interesting to see what they come up with.
Also good financial results for 2012, with record attendance =D> Although of course they still made a loss.
If they have more hotels planned and they must have some serious resort developments planned to warrant them. With the recent news about LucasFilm I'd guess (hope) this means Star Wars Land has to happen now, and possibly even the Marvel activity that was rumoured for WDS.
Well they usually have high 80% resort rates, it's pretty big for them these days. I would imagine that the Santa Fe and Cheyenne are often very close if not at capacity needing more rooms at that price level, especially considering more rooms will mean they are able to offer better deals. However a new deluxe would be nice, especially if it were on the WDS entrance, or maybe an extention to tower of terror!
Definitely since the buyout this is all exciting news.
A new hotel near the WDS with a Hollywood theme (like Disney's Hollywood Hotel, at HK Disneyland ) in the mid price range like the Sequoia Lodge or the NBC would be good. Another deluxe hotel sounds expensive to me.
I had the opportunity to chat with someone who has ties to TWDC and he told me the following, that the new moderate hotel will be either based on the Art of Disney Animation or it will be the new Toy Story hotel from Shanghai. It could be built between NPBC and WDSP.
As for WDSP chances are high that after the opening of Ratatouille, a new attraction could open each year until 2018, because the park needs 4 to 5 more rides, but nothing has received board approval yet.
I would be seriously disheartened if the new hotel was Art of Animation or Toy Story themed.
Also on TWDCs call yesterday they said Star Wars was going to be in the International Parks rather than Domestic, combine that with the rumored Star Wars mini land and maybe were onto something!
I must admit that a Toy Story hotel wouldn't be my first choice but it'd be popular with the masses and a great theme to attract new visitors with. As for Art of Animation – that sounds great, especially if it featured galleries and artwork of the animation through the ages, starting with Walt's postcard drawings.
The Star Wars news is good – they have to start with Paris, that whole area in Discoveryland is just about existing in hope of the rumoured transformation.
I guess the second hotel could be the one built at the entrance to the Studios, there's been rumous about that possibility for some time. If they're building a new luxury hotel (and not expanding on the DLH, as was also mentioned), it would make sense to build it next to the second park...
I would love an Art of Animation hotel!! But let's face it, it will be a Toy Story hotel.... And the only reason it will not be Cars is because they already applied that theme to the Santa Fe!!
From reports it sounds like the luxury hotel could be anything from the "Backlot" hotel adjoining WDS to a hotel on the convention site, to a hotel on Lake Disney, to a simple extension of Disneyland Hotel.
The value/moderate hotel is surely an Art of Animation resort, perhaps on the land opposite Hotel Santa Fe? Is it possible the "Toy Story hotel" rumour could just be that one of themes (Cars surely) would be switched out in favour of Toy Story?
From attendance and all other results it definitely appears the investment through 2011 and the Dreams "gamble" of staying open later, running a nighttime show year-round has paid off. Things are looking better for DLP than they have done in... decades?
Quote from: "dagobert"I had the opportunity to chat with someone who has ties to TWDC and he told me the following, that the new moderate hotel will be either based on the Art of Disney Animation or it will be the new Toy Story hotel from Shanghai. It could be built between NPBC and WDSP.
Bleh! Really? I've been looking forward for the fourth Lake Disney hotel to be built for years. That site does not deserve a cheap value hotel like that. Unless that's planned to be the value hotel.
If we can have a more timeless, geographic story for the luxury hotel, that'd be great. But I doubt that'll happen in Iger's Disney.
Quote from: "Josh"That site does not deserve a cheap value hotel like that.
:x
You're right! People like my family and I, who can't afford a luxury hotel don't deserve to have a nice hotel in a nice place with nice views to the Disney Lake. And of course we don't deserve to sleep near the Parks. Is that what you mean?
^I think he might mean that the cheaper hotels tend to look cheaper from the outside? Which in turn would look wrong on the lake where the three very nice looking hotels are currently. However there is no harm in a value hotel looking great from the outside is there? To be honest it's one of those things that is silly to speculate over until at least some sort of concept art is leaked or released.
I spent some time at work yesterday reading through the report. A lot of it I didn't quite understand but overall it looks very impressive. With payments to TWDC for their huge debt decreasing from next year and spending and attendance going up it all looks very positive. Hurrah.
I love this rumour about a new attraction every year after Ratatouille in the Studios. Sounds like a very good way to improve the park, let's just hope they don't forget that the Disneyland Parc also needs new attractions.
Quote from: "Aladar":x
You're right! People like my family and I, who can't afford a luxury hotel don't deserve to have a nice hotel in a nice place with nice views to the Disney Lake. And of course we don't deserve to sleep near the Parks. Is that what you mean?
Sorry, no. I don't mean that. Sorry if it sounded rude. :) What I'm talking about is the poor aesthetic quality and placemaking of the kind of hotels that Disney normally brand as "value hotels" these days. I don't literally mean cheap hotels. Hey, if they have a cheap and great looking lake hotel, I want to go there too! :D I can't afford a luxury hotel either. The cheapest lake hotel is the Sequoia, but it's got a great story and very cosy atmosphere, so I love it! DLP's current value hotels like Cheyenne are some of the best value hotels Disney have made.
But the current value hotels that Disney make are very tacky, like the All-Stars resorts at Walt Disney World. Art of Animation looks nicer, but it's still a boring rectangular building block behind the paint. Compare that to the uniquely shaped towers of the New York Hotel or the giant triangular roof of the New Port Bay.
Quote from: "peep"^I think he might mean that the cheaper hotels tend to look cheaper from the outside? Which in turn would look wrong on the lake where the three very nice looking hotels are currently. However there is no harm in a value hotel looking great from the outside is there?
Yes, but it should look great on the inside too. But as long as the hotel has a good story (and not just putting stickers of characters everywhere), we can expect the imagineers to make it look pretty good. :D But you're right, I shouldn't complain until we see concept art. Still, knowing what the Disney of today are like, it wouldn't surprise me if the story of this hotel is just going to be franchises franchises franchises.
OH, sorry, I misunderstood your words. :oops:
Hi not posted in a while but thought I may as well give my opinion.
This sounds like good news, and hopefully it will convince them to keep taking risks because it has worked out great for them this time. I agree that it suggests the future is a bit brighter
A 100 million loss is a 100 million loss and that is a crap result. :( Share price has steadily declined since also. And hotel occupancy continues to decline. :cry:
On the positive side they are making a very small debt repayment next year and that ought to be enough alone to give a good chance for a profit next year. And they have also started paying for Ratatouille so that won't be as huge an expense to pay off in the future. Going forward things look better, so hopefully this will be the last statement from the 'crippled by debt' era. [-o<
In my opinion, as i have read on some several news about DLP financial situations,
From the beginning, Disneyland Paris always had and always will have financial problems.
While Bob Iger will try to help and save them, by sending them some financial help from the BIG RICH DADDY (the Disney Company), their situation again will be the same.
Let me explain:
If someone go and investigate the subject in a more depth, they will come out to the conclusion that the Main reason for their "bad financial management" it's of course their "?ureaucratic" financial plan system.
Which they follow as a Country (France).
The French Complicated "?ureaucratic system"is causing them those problems.
Also listen to this one! Greece is following the same financial "French system" and you see the results and what happened to them...
French Financial system sucks. That's it. Period.
On the other hand, the English financial SYSTEM is Much more simple, efficient and powerful!
So, to sum up for all these:
-> Did DLP made a mistake by building a second theme park, the Disney Studios? My answer is YES
-> Will ever, DPL expands the Original Main Park with Future New Attractions or "New Fantasyland expansion" as Magic Kingdom does? My answer is NO, Never! They simply just can't afford it.
-> Has Disney Company made the worst decision ever in history, to choose "Paris" as the final location for the build of the European Disneyland? My answer is YES. Terrible mistake!
-> Is France one of the "Most Expensive" countries in Europe, not to mention, in the World? My answer is YES. So Tourists can not afford to stay longer in their extremely expensive Hotels, etc...
Did you know that London was a candidate for the position, but Paris finally won? That's so Sad. :-(
I am Not from the UK, neither my first language is English (its my second Language), But I would definitely choose UK for the European Disneyland. And I am sure and convinced that they will never had those financial problems as France has.
But consider this:
Most of the problems were caused by building too many hotels all at once, Disneyland Park itself has always been a strong performer.
Hardly anyone in the UK speaks a foreign language: hiring castmembers who could deal with a variety of European languages would be very difficult, or maybe the continental Europeans would not come in such great numbers.
The weather in London is noticeably worse than Paris, grey dreary days for weeks, months on end are not uncommon. Summers are variable and usually have prolonged cool spells.
There is not so much free space in South East England as in France and the transport network is not as good. Finding a suitable site would be very difficult.
Spending on very large projects is not something UK governments like to get involved in (Channel tunnel rail link and Olympics are pretty much all I can think of in my lifetime.)
I've always thought that the UK government would rather let EuroDisney sink in a mire of debt and close than get involved when the company got into big financial problems. The French government has always been much more pro-active in situations like that it seems to me.
British theme parks still close for the winter ( with the possible exception of Blackpool pleasure Beach ) it's so cold, I don't think it's the same for all European theme parks now.