Disney announces 'Avatar' experience at California Adventure park with $60 billion investment

From Investing.com.: 2024-08-10 23:16:04

Walt Disney announces plans for a new ‘Avatar’ experience at Disney California Adventure park, based on the upcoming movie “Avatar: The Way of Water”. The company is investing $60 billion in capital investments for park enhancements over the next decade. Disney CEO Bob Iger plans to spend $17 billion at Walt Disney World Resort in Orlando. Disney’s parks make up 60% of the company’s operating profit. Competition in Florida is growing with Universal Studios planning to open Epic Universe next year. In California, Disney is investing $2 billion in Disneyland Resort, focusing on blending hotels, shops, and attractions.



Read more at Investing.com.: Disney announces ‘Avatar’ will come to California Adventure park By Reuters