Capital investment in Disney parks drops 43% as new attractions are completed and others blocked or canceled



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In The Walt Disney Company’s first quarter 2021 financial results, Disney said capital investment in parks fell 43% quarter over quarter. The company spent just $ 760 million in the first quarter, which is significantly lower than the $ 1.3 billion spent in the previous quarter.

It should be noted that Avengers Campus is largely completed at Disney California Adventure, Remy Ratatouille Adventure appears to be ready and waiting to open, while most of the other EPCOT projects have slowed down to exploration. TRON Lightcycle Run at Magic Kingdom continues construction, but only in the erection of a lighted canopy, with all interior work halted. It seems at this point that it will take some time before you can ride this attraction.

Disney has also quietly placed Reflections: A Disney Lakeside Lodge on hold at Walt Disney World and removed references to the project from their websites.

Star Wars Galactic Starcrusier, Guardians of the Galaxy: Cosmic Rewind, and Harmonious were also mentioned explicitly by CEO Bob Chapek in today’s appeal, but no opening dates or timelines were mentioned for these. projects. This may indicate that they will open earlier than offers that were not called today.

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