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Disneyland Park: part of Walt Disney Co.

Disneyland Park: part of Walt Disney Co.

Walt Disney Co.’s parks and resorts division, which includes Anaheim’s Disneyland Resort, first quarter revenue rose 5% to $6.8 billion while operating income increased 10% to $2.2 billion from the same period a year earlier.

The company attributed the division’s growth to a boost in visitors who paid higher prices for both tickets and hotel rooms.

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Domestic theme parks and Hong Kong Disneyland Resort offset lower results from Shanghai Disney Resort and Disneyland Paris.

Disney (NYSE:DIS) invested $1 billion in its parks and resorts during the first quarter, up from $795 million during the same period last year.

Total quarterly profit dropped 37% to $2.8 billion as revenue was flat at $15.3 billion for the quarter ending Dec. 29. Earnings per share of $1.84 beat analysts’ estimates and shares rose slightly in after-hours trading.