Disney Parks, Experiences and Products

Overview

Disney Parks, Experiences and Products, Inc., formerly known as Walt Disney Parks and Resorts Worldwide, Inc. is one of The Walt Disney Company’s six major business segments and a subsidiary.

Disney Parks are the industry leader in both attendance and revenues per capita, and command the highest ticket prices in the industry.

Theme parks are developed as parts of larger resort destination developments that include multiple gated attractions, hotels, retail, dining, and entertainment (RDE) districts, meeting and convention facilities, and other uses (timeshare, sports and recreation, etc.).

Disney Parks owns and operates six theme parks and two water parks in the U.S., and four outside of U.S., including Shanghai Disneyland, Hong Kong Disneyland, and Disneyland Paris and Walt Disney Studios Park. Disney licenses its intellectual property (IP) to two parks in Japan: Tokyo Disneyland and Tokyo DisneySea.

As Disney continues to make large reinvestments such as Galaxy’s Edge in existing parks, Disney has introduced tiered pricing to capture a greater value premium in recent years.

Currently, Disney has no announced new theme park projects under development or in the pipeline. Disney is focused on the expansion of its existing parks/resort destinations.