188bet app invests US.2 billion in theme park business,In fiscal year 2018, nearly US billion will be added to build a Star Wars park

Cultural 188bet app Benefits Author of this article: Li Haiqiang 2017-11-13
188bet app invested US.2 billion in theme park business in 2017,Accounting for 90% of the total investment,The company recently said that its new investment of US billion is mainly used to build two Star Wars theme parks。Predictable,After signing Star Wars trilogy deal with new director,188bet app can play more theme park IP trump cards in the future。

Theme park giant Walt 188bet app plans to increase investment in introducing the Star Wars brand series into main parks in the new fiscal year。

188bet app executives said in a recent earnings call,The company plans to increase capital investment by US billion in fiscal year 2018。

“A large part of this money will be invested in the two Star Wars theme parks being built,We are also completing Toy Story Land in Orlando next year。Also,Globally,The company has other projects under implementation。”188bet app CFO Christine McCarthy told analysts。

As of September 30,188bet app’s capital expenditures in fiscal 2017 totaled just over .6 billion,US.2 billion of which was used to invest in theme park and resort businesses。This capital expenditure figure is significantly lower than the .8 billion invested in fiscal year 2016,However, 188bet app invested more in the newly opened Shanghai Disneyland and the underperforming Hong Kong Disneyland in the last fiscal year。

Financial report display,188bet app’s fourth quarter revenue and profit both decreased。Revenue fell 3% to .8 billion,And net profit (attributable to shareholders) fell 1% to 17.USD 500 million。However,The 188bet app and resort business is the only performance highlight: revenue increased 6% year-on-year to US.7 billion,Operating profit increased 7% year-on-year to 7.US.6 billion。

Affected by hurricane,Poor performance at Walt 188bet app World theme park in Orlando,Resulting in a 6% year-on-year decrease in operating profit of domestic theme parks and resorts and 188bet app Cruise Line business。Hurricane Irma shut down some theme parks for two days,Also caused the cancellation of voyages of three 188bet app cruise ships and the shortening of voyages of two other cruise ships。According to company estimate,The hurricane caused an estimated 0 million loss to 188bet app’s overall operating profit。

Nevertheless,Domestic theme park visitor numbers still increased by 2% year-on-year,Mainly because of the company’s new Avatar Flight of Passage in 188bet app’s Animal Kingdom area and the new Guardians of the Galaxy — Mission: Breakout in 188bet app California Adventure Park Opening of attractions。

188bet app’s operating profit growth was mainly driven by its international theme park business。For example,Disneyland Paris’ 25th anniversary celebrations attract more visitors。"The 188bet app environment gradually improved after France experienced terrorist attacks" also played a very important role,McCarthy said。

The number of visitors to Shanghai Disneyland, which opened in June last 188bet app, has also increased significantly,Exceeded the company’s previous expectations。

“I am pleased to see that Shanghai 188bet app has achieved positive operating profits just one year after opening,This also exceeded our expectations of breaking even in the first year,"McCarthy said。

CEO Robert Iger said,Around the world,Shanghai 188bet app、Hong Kong Disneyland、The good performance of theme parks such as 188bet app Paris and Tokyo 188bet app shows that the company “still has many opportunities to continue to increase investment and expand the business of these parks”。

In the United States,Star Wars lands in Orlando and California expected to open in 2019。

A recent announcement indicates,188bet app will continue to embed classic elements from new Star Wars movies into 188bet app theme parks。Eiger said,188bet app recently signed an agreement with director Rian Johnson。The "Star Wars" movie he directed will be released in December this year,And plans to create a new "Star Wars" trilogy。Although the specific release dates of the other two films have not yet been determined,But what is certain is,Next year is a Star Wars movie about Han Solo (Star Wars character),And a movie about "Star Wars 9" released in 2019。

“Because of the company’s unique series of brands、Continuously launched series of characters or images (Franchises) and the strong ability to leverage IP throughout the company,No other entertainment company has been leading the changing media landscape like 188bet app。" 188bet app Chairman and CEO Robert Iger said,“We plan to launch the first direct-to-consumer streaming service in the year,The company will continue to increase investment in the future,Make some risky moves when necessary,To create greater shareholder value。”

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