Hong Kong Disneyland has achieved record revenue thanks to guest attendance hitting a record high for the second consecutive year.
According to the resort’s Fiscal 2018 Annual Business Review, revenue and earnings before interest, taxes, depreciation and amortisation (EMITDA) reached its highest on record for the 2018 fiscal year.
Before the year ending September 29, 2018, revenue at the resort increased by 18% to HK$6.0billion. EBITDA rose by 48% to HK$1.4billion.
The significant growth in revenue and EBITDA has been attributed to a higher number of guests booking to stay in the resort’s hotels, as well as an increase in park attendance and guest spending.
Yearly attendance at Hong Kong Disneyland reached 6.7 million, an increase of 8% compared to the year before. Across-the-board growth was seen in international, local and mainland China markets. Japan, South Korea and the Philippines posted strong growth with an increase of 44%.
In-park per capita spending also increased by 6%, representing nine years of continuous growth, testament to Hong Kong Disneyland’s appeal to continuously attract high-spending guests.
