Hong Kong Disney Resort Reports Attendance and Revenue Growth in FY2023

Hong Kong Disneyland Resort has released their business results for the fiscal year.

What’s Happening:

  • For fiscal year 2023, Hong Kong Disneyland Resort reported record-high local attendance.
  • Mainland China and international visitation is rebounding to pre-pandemic levels.
  • A profit has been reported for the 2023 calendar year, thanks in part to robust campaigns to encourage tourism to Hong Kong and the introduction of The World of Frozen.
  • Michael Moriarty, managing director of the Hong Kong Disneyland Resort, shared that the resort has “established itself as a key driver and contributor to Hong Kong’s economy and community.”
  • Specific business performance stats include:
    • Revenue grew 156% to HK$5.7 billion
    • EBITDA improved by 207% to HK$924 million
    • Net loss improved by 86% to HK$356 million
    • Per capita spending grew 54%
    • Total attendance grew 87% to 6.4 million
    • Hotels’ utilization rate for the year was 77% and overall occupancy increased by 23 percentage points to 47%
  • For more details about Hong Kong Disney Resort’s fiscal results, head here.

More Hong Kong Disneyland News:

Marshal Knight
Marshal Knight is a pop culture writer based in Orlando, FL. For some inexplicable reason, his most recent birthday party was themed to daytime television. He’d like to thank Sandra Oh.