IPs and investment key to growing parks business, says Iger
Disney chair Bob Iger has said that the company must continue to incorporate its most popular IPs into its parks in order to help grow its business.
Speaking during an earnings call, Iger said that some of Disney’s most significant projects were IP-led, and that those projects had to potential to deliver large returns on investments into its theme parks.
“In terms of increasing attendance, continuing to infuse the parks with more of our IPs, Frozen coming to Hong Kong being a great example of that, as well as the likes of Guardians of the Galaxy and Star Wars. The demand for our parks has gone up as people have engaged more and more with our popular IPs, said Iger”
Disney’s next big investment will be its Avatar Land, opening this month at Animal Kingdom in Orlando. The operator is also planning Star Wars additions to its California and Florida parks, while also utilising its Marvel brand Guardians of the Galaxy for a ride opening later this summer.
“The movies we make are perfect for consumption on the big screen and we've also created global phenomenon with our films where the people seem to all want to go see them en masse as witnessed by results from Guardians of the Galaxy 2,” said Iger.
“We have a great opportunity to grow our parks business by mining these great IPs made by our studios.”
Bob Iger Disney Earnings IPs Avatar Land Animal Kingdom Guardians of the Galaxy Star Wars theme parks visitor attractionsDouble digit growth for Disney as Shanghai boosts results for quarter
Disney 'Makeup Lamp' concept could revolutionise live performance
Disney increases investment in HK$10.9bn Hong Kong expansion following taxpayer complaints
Another VR breakthrough as Disney researchers integrate moving physical objects and virtual worlds
Bob Iger extends Disney contract to 2019
Disney to pay out US$3.8m to employees following wage dispute
UAE’s first Dior Spa debuts in Dubai at Dorchester Collection’s newest hotel, The Lana
Europe's premier Evian Spa unveiled at Hôtel Royal in France
Clinique La Prairie unveils health resort in China after two-year project
GoCo Health Innovation City in Sweden plans to lead the world in delivering wellness and new science
Four Seasons announces luxury wellness resort and residences at Amaala
Aman sister brand Janu debuts in Tokyo with four-floor urban wellness retreat
€38m geothermal spa and leisure centre to revitalise Croatian city of Bjelovar
Two Santani eco-friendly wellness resorts coming to Oman, partnered with Omran Group
Kerzner shows confidence in its Siro wellness hotel concept, revealing plans to open 100
Ritz-Carlton, Portland unveils skyline spa inspired by unfolding petals of a rose
Rogers Stirk Harbour & Partners are just one of the names behind The Emory hotel London and Surrenne private members club
Peninsula Hot Springs unveils AUS$11.7m sister site in Australian outback
IWBI creates WELL for residential programme to inspire healthy living environments
Conrad Orlando unveils water-inspired spa oasis amid billion-dollar Evermore Resort complex
Studio A+ realises striking urban hot springs retreat in China's Shanxi Province
Populous reveals plans for major e-sports arena in Saudi Arabia
Wake The Tiger launches new 1,000sq m expansion
Othership CEO envisions its urban bathhouses in every city in North America
Merlin teams up with Hasbro and Lego to create Peppa Pig experiences
SHA Wellness unveils highly-anticipated Mexico outpost
One&Only One Za’abeel opens in Dubai featuring striking design by Nikken Sekkei
Luxury spa hotel, Calcot Manor, creates new Grain Store health club
'World's largest' indoor ski centre by 10 Design slated to open in 2025
Murrayshall Country Estate awarded planning permission for multi-million-pound spa and leisure centre
Aman's Janu hotel by Pelli Clarke & Partners will have 4,000sq m of wellness space
Therme Group confirms Incheon Golden Harbor location for South Korean wellbeing resort
Universal Studios eyes the UK for first European resort
King of Bhutan unveils masterplan for Mindfulness City, designed by BIG, Arup and Cistri
Rural locations are the next frontier for expansion for the health club sector
Tonik Associates designs new suburban model for high-end Third Space health and wellness club
From flooding old shopping malls to revolutionising housing, MVRDV’s founders like to do things differently