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DCL revenue passes pre-pandemic levels, Disney Wish occupancy tops 90%DCL revenue passes pre-pandemic levels, Disney Wish occupancy tops 90%

Disney Cruise Line was a 'meaningful contributor' to the year-over-year fourth quarter increase in Walt Disney Co.'s Parks, Experiences and Products segment.

Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

November 8, 2022

1 Min Read
Credit: Seatrade Cruise News

The company said this reflected the successful launch of Disney Wish in July and continued recovery of the existing fleet coming out of the pandemic.

Booked revenue above pre-pandemic levels

Disney Wish occupancy continues to exceed 90%, according to Christine McCarthy, senior EVP/CFO, Walt Disney Co. She added: 'We have also seen a meaningful pickup in the rest of our fleet with booked revenue up versus pre-pandemic levels.'

Walt Disney Co.'s diluted earnings per share from continuing operations for Q4 were comparable to the prior-year quarter at 9 cents. Excluding certain items , diluted EPS for the quarter decreased to 30 cents from 37 cents in the prior-year quarter.

Parks, Experiences and Products segment

In the Parks, Experiences and Products segment, including Disney Cruise Line, operating income shot up 100%, to $1.51b from $640m in the year-ago quarter, while revenue rose 36% to $7.42b, up from $5.45b.

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Disney Cruise Line

About the Author

Anne Kalosh

Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

Anne Kalosh covers global stories, reporting both breaking and in-depth news on cruising's significant people, places, ships and trends. A sought-after expert on cruising, she has moderated conferences around the world, including the high-profile State of the Industry panel at Seatrade Cruise Global. She created and led the acclaimed itinerary-planning case study for Seatrade's cruise master classes held at Cambridge and Oxford universities. She has been the cruise columnist for AFAR.com, and her freelance stories have appeared in a wide range of publications, from The New York Times to The Miami Herald.

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