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Disney Says Higher Gas Prices Haven’t Slowed Bookings

Executives signaled readiness to add discounts if demand weakens.

Overview

  • Disney, which briefed investors Wednesday, reported steady forward bookings with Walt Disney World pacing up.
  • CFO Hugh Johnston said the company has seen no change in guest behavior tied to fuel costs.
  • Booked occupancy remains in line with last year even after a 40% cruise capacity increase with the new Disney Adventure.
  • The quarter delivered record revenue and $1.57 in adjusted earnings despite lower theme‑park attendance.
  • Trips are often locked in months ahead and many guests drive from the Southeast, which can blunt short‑term fuel spikes though summer and the holidays will test that resilience.