3 months ago
Key Takeaways
- Oriental Land Co. signed a licensing woody pinch Disney Enterprises and plans to put astir $2 cardinal successful a Tokyo-based cruise ship.
- Construction is expected to statesman successful fiscal 2025, pinch nan first cruise expected to motorboat successful fiscal 2028.
- Disney, which presently has 5 ships successful operation, is undergoing a $60 billion, 10-year description of its taxable parks and cruise operations.
Tokyo Disneyland usability Oriental Land Co. has agreed to put astir 330 cardinal yen ($2.05 billion) to motorboat a Tokyo-based cruise ship, nan institution announced Tuesday.
Ship building is expected to statesman successful fiscal 2025, pinch nan first cruises expected to group sail successful fiscal 2028. Oriental Land signed a licensing agreement pinch The Walt Disney Co. (DIS)'s Disney Enterprises and plans to exemplary nan vessel aft nan Wish, nan largest vessel successful Disney’s fleet, according to reports.
Disney Currently Has Five Cruise Ships successful Operation, Adding More
Disney, which began cruising successful 1998 successful nan U.S., presently has 5 ships successful operation, pinch services besides expected to motorboat successful Singapore adjacent year. The newest summation is portion of nan company’s $60 billion, 10-year description of its taxable parks and cruise operations.
Shares of Disney were small changed arsenic marketplace opened Tuesday. They are up almost 8% this year.
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