Tower of Terror slashes loss, pulls in Euro Disney visitors

Euro Disney SCA, Europe's largest theme-park operator, said its full-year loss narrowed as the new "Tower of Terror" ride boosted attendance and more people stayed at its seven hotels outside Paris.

The net loss was 2.8 million euros or $3.7 million (U.S.) in the year through September, compared with 38.4 million euros in the prior year, the company said yesterday. Sales rose 9 per cent to 1.33 billion euros and operating profit climbed 78 per cent to 90.5 million euros. Annual revenue at the theme parks rose 8.7 per cent to 715.8 million euros. Hotel revenue rose 6.7 per cent to 515.6 million euros.

"Tower of Terror" features an elevator ride and free fall followed by a ride through a 1930s-style hotel featuring Hollywood movie stars. The ride is so popular, visitors are advised to pre-register upon arrival to avoid hours of waiting.

SOURCE

Leave a Reply