Disney CFO Says Parks Demand Outpacing Supply

Comments from Disney’s finance leadership suggest that Disney Parks & Experiences is operating at “super high” capacity, which the company seeks to balance with its offerings. Disney Parks & Experiences Exceeding Current Supply During a recent investor event at the Morgan Stanley Technology, Media & Telecom Conference, The Walt Disney Company’s Chief Financial Officer claimed that current demand for Disney Parks and Experiences continues to exceed the supply. That supply accounts for available capacity across its global parks, resorts, and other properties under the Parks and Experiences umbrella, including Disney Cruise Line. According to Disney’s CFO, Hugh Johnston, this imbalance between demand and supply is a key factor in the company’s current pricing power and revenue performance, with forward bookings remaining strong and weighted toward the latter part of the year....