Disney Is Exploring Where to Put Its Next New Worlds
Photo Credit: A 25th anniversary celebration is pictured at Disneyland Paris. Higher attendance and spending at that park and others helped drive significant revenue and operating income increases for Disney's parks and resorts division. Flickr / Gilbert Sopakuwa
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Disney is pouring money into expanding its existing theme parks, so it should come as no surprise that the company would consider building in new countries altogether. While the CEO called such a move an "inevitability," no one should hold their breath for an announcement anytime soon.
The Walt Disney Company has worlds, lands, kingdoms and resorts at points across the globe. But the entertainment giant is still on the lookout for a place to plant its next flag.
In response to an analyst question Tuesday afternoon, Disney CEO Bob Iger said during an earnings call that the company is "constantly engaging in conversations with people from different markets who would love us to put Disneyland in their market."
He said he believes there is opportunity to expand still in China, where Shanghai Disney Resort opened in mid-2016. And the company is looking at other markets due to their population base with consideration of factors like economic and political stability, expendable income, and infrastructure in mind.
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