Walt Disney CEO Iger Said Cruise Ships Are At 98% Occupancy For Q4; Acknowledged Some Softening In Central Florida Tourism -Conf Call
Portfolio Pulse from Charles Gross
During a conference call, Walt Disney CEO Iger announced that the company's cruise ships are at 98% occupancy for Q4. However, he also acknowledged some softening in Central Florida tourism.

August 09, 2023 | 8:41 pm
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Disney's cruise ships are almost fully booked for Q4, indicating strong demand for this segment. However, a decline in Central Florida tourism could impact the company's theme park revenues.
The high occupancy rate for Disney's cruise ships suggests strong demand, which could boost revenues. However, the softening in Central Florida tourism could negatively impact the company's theme park revenues, which is a significant part of Disney's business. Therefore, the overall impact on Disney's stock is neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100