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Disney Park Operator Unveils 15 Year Masterplan
Forbes· 2025-07-28 17:25
Core Insights - Disney is planning to open a new theme park on Yas Island in Abu Dhabi, with the announcement made by CEO Bob Iger in May, marking a significant step in the island's long-term strategy [3][21] - Yas Island has seen substantial growth in attractions and visitor numbers, with 34 million visits recorded in 2023, a 38% increase from 2022, and a notable 125% rise in visitors from the Gulf Cooperation Council (GCC) [14][19] - The development of Disneyland Abu Dhabi is part of a broader vision for Yas Island, which includes plans for additional attractions, hotels, and experiences over the next 15 years [24][28] Theme Park Development - The new Disneyland Abu Dhabi will be the fifth park on Yas Island, joining existing attractions like Ferrari World, Warner Bros. World, and SeaWorld Abu Dhabi [9][28] - Yas Island has expanded its offerings significantly since the opening of Ferrari World, which now boasts 43 attractions, and has plans to add at least one new attraction every one to two years [4][25] - The park's growth strategy includes not only new rides but also the potential for multiple Disney parks on the island, enhancing its status as a global destination [27][28] Visitor Experience and Amenities - Yas Mall, connected to Ferrari World, features a variety of American chain stores and restaurants, providing visitors with more affordable dining and shopping options compared to typical theme park offerings [5][6] - The island also hosts a range of recreational facilities, including a golf course and a new business park, contributing to its appeal as a comprehensive resort destination [8][10] Future Prospects - Miral, the operator of Yas Island, is committed to continuous development, with plans to monitor demand and visitation trends to inform future expansions [24][26] - The potential for a second Disney park, possibly themed around Epcot, is being considered, which could significantly increase attendance and further establish Yas Island as a premier global entertainment hub [28]
The Walt Disney Company (DIS) MoffettNathanson 2025 Media, Internet & Communications Conference Call Transcript
Seeking Alpha· 2025-05-14 19:51
Group 1 - The Walt Disney Company announced the development of its seventh theme park in Abu Dhabi, marking a significant growth opportunity in a new region [2] - The decision to expand into Abu Dhabi is based on the belief that for every current theme park visitor, there are ten potential visitors who have not yet had the opportunity to experience Disney [2] - The company has a long history of building resort destinations, with Disneyland celebrating its 70th anniversary soon, highlighting the importance of this announcement [2] Group 2 - The strategic choice of Abu Dhabi is supported by impressive demographic numbers, particularly within a 4-hour flight radius, indicating a strong potential visitor base [2]