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The Guardian - US
The Guardian - US
Entertainment
Christian Sylt and Caroline Reid

Disney racks up $4.2bn deficit on Paris parks

Visitors wearing Mickey and Minnie Mouse ears take selfies in front of castle
Disneyland Paris, in Marne-la-Vallée, east of Paris, on 16 October 2023. Photograph: Ian Langsdon/AFP via Getty Images

Disney has still not recouped $4.2bn of its investment in Disneyland Paris after more than 30 years, even though the resort is now its best-performing international outpost, according to an analysis of recent filings.

The sprawling theme park complex swung open its ornate iron gates in 1992 and now attracts about 16 million visitors every year. It is wholly owned by Disney and is home to two theme parks – the fairytale-inspired Disneyland and Disney Adventure World, which launched its largest-ever expansion in late March. The lavish land, themed to the hit animated movie Frozen, is part of a $2.5bn (€2bn) investment by Disney, and its new chief executive, Josh D’Amaro, was on hand for the opening alongside Emmanuel Macron.

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