Apparently, the Walt Disney Company will not be run out of Florida by Governor Ron DeSantis – or anywhere else, for that matter.
Disney said it will be investing $60 billion over the next 10 years on its theme parks and cruise line.
Disney has been involved in a year-long feud with the governor, who seems hell bent on going after what was formally autonomous rule at Disney World in Orlando after the company publicly challenged the governor over one of his state policies.
The company said it has enough room to expand its theme parks further, equal to about seven new Disneyland parks.
Whether it plans to open new parks or expand existing ones remains to be seen. The company said last week it has some additions in store for the Magic Kingdom. Disney said in a regulatory filing that it plans to invest almost $60 billion, which would be double what it spent in the previous 10 years.
Disney said in a statement it has previously seen growth in its expansion any time it invested money.
There were no definitive plans, but Disney has been investing in its overseas parks in Hong Kong, Paris, Shanghai, and Tokyo. Disney has already said it will expand the Pirates of the Caribbean land in the Magic Kingdom and upgrade the Test Track ride at EPCOT.
CEO Bob Iger, who came back to replace Bob Chapek, is said to have a fondness for the theme parks as a way to reconnect with true fans of Disney.
Disney has already announced it will add three ships to its cruise line over two years, beginning in 2025.
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