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Business News

Losses narrow at Disneyland Paris

Euro Disney trimmed annual losses as visitors spent more this year, helping offset a decline in the number visiting its Disneyland Paris theme park.

The company booked a net loss of €45.2m for the 12 months to the end of September, compared to €63m a year ago.

Disneyland Paris visitor numbers, on the other hand, stood at 15 million, down from 15.4 million in 2009. Visitors spent more, however, with the average guest doling out €45.3 this year, up from €44.22 in 2009.

The figure remains below 2008, when the average visitor spent €46.32.

The hotel occupancy rate was also lower, falling to 85.4 per cent from 87.3 per cent last year and 90.9p per cent in 2008.

Average spending per room was higher, rebounding from €201.24 in 2009 to €209.78 this year. The figure stood at €211.39 in 2008.