Disney World's Big Announcements: a Betting Guide
Disney (NYSE: DIS) is hosting its D23 fan expo this weekend, and theme park buffs already know that the big presentation will take place on Saturday afternoon when Disney Parks and Resorts Chairman Bob Chapek takes the stage. His presentation will feature a glimpse into upcoming attractions at Disney's global network of theme parks.
Disney World remains Disney's largest resort, home to four of the country's five most visited theme parks. Disney's theme parks business represents just 31% of Disney's revenue and 21% of its segment operating income, but as the larger cable business continues to languish it's going to have to step up and carry the growth baton. Upgrades at all four of its Disney World parks is important, especially after attendance declined last year.
We know that Toy Story Land is coming in 2018 and Star Wars Land in 2019. Chapek is likely to peel back the curtain of new attractions that Disney has to officially announce. The internet's alive with chatter, but most of it will never happen. Let's go park by park, handicapping the chances of the rumored additions being announced Saturday afternoon.
Source: Fool.com
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