Higher guest spending at Disney’s theme park and cruise ship business pushed the company’s revenues higher in the last three months of 2025, but the company warned of potential “international visitor headwinds” at its US parks.
Disney said there would only be modest growth in its experiences business in the current quarter. The guidance comes after a 6 per cent drop in foreign visitors to the US last year, according to industry body the World Travel & Tourism Council, amid tensions between the Trump administration and other countries, including Mexico and Canada.
The company said it expected higher growth in its experiences business in the second half of the year after the March launch of its eighth cruise ship, the Disney Adventure, in Singapore.