Euro Disney says 1Q revenue up 5.8 pct.

Euro Disney SCA, the operator of two Disney theme parks outside Paris, on Thursday said revenue in the fiscal first quarter rose 5.8 percent, driven by strong Halloween and Christmas park entries and hotel occupancy.

Sales rose to euro284.1 million ($364.1 million) in the three months through December from euro268.5 million in the year-earlier period, the company said in a statement.

Revenue from Euro Disney's theme parks rose 9.9 percent to euro153.6 million ($196.8 million), reflecting an 8 percent rise in attendance and a 2 percent increase in guest spending.

Revenue from hotels and Disney Village operations rose 8.4 percent to euro108.7 million ($139.3 million), with hotel occupancy rates rising 5.6 percent.

Euro Disney Chairman and Chief Executive Karl Holz said the quarterly performance was "encouraging" for the fiscal full year, which ends Sept. 30.


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