Disney to invest $30 billion in theme parks over next decade

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Disney to invest $30 billion in theme parks over next decade
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Disney breaks down its theme park investment plans in a new filing with the U.S. Securities and Exchange Commission.

Arendelle village serves as the centerpiece of the World of Frozen themed land at Hong Kong Disneyland. Disney plans to invest $30 billion in Disneyland, Disney California Adventure and other theme parks around the globe based on popular franchises like Avatar, Frozen, Tron and Zootopia, according to a new financial report.

Disney broke down how it plans to invest $60 billion over the next 10 years in its theme parks and cruise lines division in a new filing with the U.S. Securities and Exchange Commission.The latest SEC filing details how that $60 billion investment in the Disney Experiences division will be divided up. The largest chunk — $30 billion — has been earmarked for theme parks and resorts. The next biggest piece of the pie — $18 billion — has been set aside for technology and maintenance.

Disney’s plan calls for $42 billion of the overall investment to be spent on capacity-expanding projects designed to draw bigger crowds to its theme parks and cruise ships.The goal is to expand the footprint at Disney’s six theme park resorts around the world where the company has more than 1,000 acres of developable space.that lays out long-term plans for theme park, retail and parking expansion at the Disneyland resort.

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