News
EN
How Disney parks are bucking a travel slowdown
['Sarah Whitten']
International: Top News And Analysis
Disney parks are defying a slump in international travel to the U.S., posting record quarterly revenue for the company's experiences division on Wednesday.
Last month, rival Comcast reported lags in theme park attendance, particularly in Orlando, Florida.
Overall, international travel to the U.S. fell 6%, the organization found.
Trade frictions, geopolitical unease and safety concerns have also contributed to the drop in demand for travel stateside, travel experts told CNBC.
And yet, at Disney, domestic park attendance was up 3% and guest spending rose 4%, Chief Financial Officer Hugh Johnston told CNBC.