Current Disney Parks Portfolio and Global Footprint
Walt Disney Parks, Experiences and Products operates 15 resort properties worldwide, including Disneyland Resort in Anaheim, Walt Disney World Resort in Florida, and international destinations in Tokyo, Paris, Hong Kong, and Shanghai. The segment generated $32.5 billion in revenue for fiscal year 2024, representing the largest contributor to Disney's total earnings. The company's direct-to-consumer and international segment reported a 12% increase in operating income, driven largely by attendance growth at existing parks. Forbes reported that Disney's global attendance exceeded 150 million guests across all locations in 2024. Disney's 2024 annual report filed with the SEC confirms the segment's operating margin at 31.4%.
Existing Resort Breakdown by Region
North America hosts two flagship resorts with a combined six theme parks, while Europe and Asia each operate two major destinations. The Shanghai Disney Resort, opened in 2016, remains the newest international park and contributed $7.5 billion in revenue in fiscal year 2024. Tokyo Disney Resort, operated under a licensing agreement with Oriental Land Company, generated $6.2 billion in net sales for the Japanese partner in its latest fiscal year. Forbes noted that Shanghai and Tokyo together account for over 30% of Disney's international park revenue. The SEC filing details the licensing revenue structure and capital expenditure commitments for international partners.
Confirmed and Rumored Expansion Sites
Disney has not officially announced a new standalone theme park location outside of existing resort boundaries. The company's primary expansion strategy focuses on deepening experiences at current properties, including the $60 billion Disneyland Paris redevelopment announced in 2024. A second gate at Disneyland Paris, Disney Adventure World, is scheduled to open in spring 2025, adding a Marvel-themed area and a new water park. Forbes reported the French government approved the expansion with a 30-year tax incentive package. Disney's SEC filing lists the Paris project as a $3.2 billion capital expenditure commitment for fiscal years 2025 through 2027.
Potential U.S. and International Sites Under Evaluation
Industry analysts have identified several viable markets