Disney recently announced that it will be building a new ‘Avatar’ experience at its Disney California Adventure theme park. This new attraction will be based on the second film in the science fiction franchise, “Avatar: The Way of Water”. This is just one of the many exciting announcements made at the D23 Disney fan event that took place over the weekend.
As part of the celebrations for Disneyland’s 70th anniversary next year, Disney will be opening a show based on the life of Walt Disney himself. This show will feature an audio-animatronic figure of the company’s founder, allowing visitors to experience a unique and immersive tribute to the man behind the magic.
New Attractions at Disney’s Animal Kingdom Park
But the excitement doesn’t end there. Disney also announced two new attractions that will be part of the new Tropical Americas expansion coming to Disney’s Animal Kingdom park in Orlando, Florida. One of these attractions will follow Indiana Jones on an exploration of a Mayan temple, while the other will be inspired by the Disney animated film “Encanto” and follow the character Antonio on the day he receives his magical gift. Tropical Americas is set to open in 2027 and is sure to be a hit with visitors.
These exciting new attractions are just the beginning of Disney’s massive investments in its parks. The company has announced that it will be deploying $60 billion in capital investments to re-imagine attractions at its 12 parks around the world and increase the capacity of its cruise line. This investment is a testament to Disney’s commitment to providing top-quality experiences for its guests.
Disney’s parks have become a reliable profit engine for the company, helping to offset declines in other areas of the business. The experiences unit, which includes parks, cruise ships, and consumer products, contributed 60% of the company’s operating profit in the most recent quarter. This shows the importance of the parks to Disney’s overall success.
Competition in Central Florida
Despite Disney’s success, the company is facing intensifying competition in central Florida from rival Universal Studios. Universal Studios plans to open Epic Universe next year, which will add 750 acres to be populated by beloved characters from Harry Potter, “How to Train Your Dragon”, classic movie monsters, and Nintendo’s Donkey Kong. This competition will push Disney to continue innovating and providing top-notch experiences for its guests.
Investments in Walt Disney World Resort
Disney CEO Bob Iger has announced plans to spend $17 billion over the next decade at the Walt Disney World Resort in Orlando. These investments will build on recent attractions like Tiana’s Bayou Adventure, the Guardians of the Galaxy: Cosmic Rewind roller coaster, and Tron Lightcycle/Run. Disney is committed to providing new and exciting experiences for its visitors.
Continued Development in California and Florida
Disney is dedicated to continuing to develop its parks in California and Florida to provide amazing experiences for guests. With plans for new attractions, shows, and experiences, Disney is ensuring that visitors will have a magical and unforgettable time at its parks. The company’s commitment to innovation and creativity will ensure that the magic of Disney lives on for years to come.