However, the Parks and Resorts division, which includes Disney Cruise Line, turned in 6% higher revenue and 13% higher operating profit, the best of any company segment. Parks and Resorts posted a $1.11bn operating profit on revenue of $4.56bn.
Cruise operating income growth was due to higher average ticket prices and lower drydock expenses. A portion of the drydock costs for Disney Wonder were incurred in the quarter whereas all of the drydock costs for Disney Dream fell in the prior-year first quarter.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited. Add Seatrade Cruise News to your Google News feed.