Are you interested in knowing the daily earnings of Disney? You’re not the only one! Many individuals are inquiring about the exact figure: “What is the daily revenue of Disneyland?” Additionally, they wonder, “What is the daily expenditure for running and operating Disneyland?”
Here’s everything you need to know about how much it costs to keep Mickey Mouse’s lights on at Disneyland and how much it costs to open Disneyland every day. 🙂
I am writing this sentence while owning Disney shares. Please note that the information provided here is only for entertainment purposes, and it is advisable to consult a professional financial advisor before making any financial decisions or investments.
How much does it cost to run Disneyland everyday?
Prior to delving into the daily earnings of Disneyland…
Let’s retrace our steps a little, and gain a broader perspective of the entire situation.
Similar to piloting a helicopter over the Disney Parks.
To begin with, it is crucial to comprehend why it is so expensive to operate Disneyland and where all that money originates from.
It’s also important to note that there’s no way to exactly know how much it costs to run any amusement park or theme park, just because they hand those numbers out to anybody who asks, daily.
In reality, hardly any company actually discloses this information. This is because it is crucial to maintain internal trade secrets.
Here’s a quick example: If Coca-Cola told everyone their secret recipe online, anyone could download it and sell it! The necessary steps and ingredients to make it wouldn’t be a secret anymore.
Every day, the organization operates in a manner where every little thing is communicated to everyone, without companies being uncertain about why they should do so, ensuring a decent level of approximation.
Where does all the money go?
Let’s keep in mind that all of us fans are running up to Disneyland, where exactly the money goes.
1. Cast Members – $446,400
Just like any other employer, The Walt Disney Company has to pay all of its employees for every day that they work.
One website states that on any given day, there are 3,000 to 6,000 employees working out of a total of 23,000 cast members and 200,000 employees.
So, this means paying all the Cast Members inside the theme parks, from the kiosk workers, custodial employees, performers, and character members.
According to one calculation, this amounts to just under $400,000 per day. Additionally, an extra $50,400 is allocated for custodial cleaning.
The grand total amounts to a staggering $446,400 per day.
2. Maintenance – $7,424
At Disneyland, there exist 88 distinct amusements, like the renowned Matterhorn. Whilst selecting your subsequent FastPass, you may not contemplate it in such a manner.
With all those rides needing to be safe and clean all the time, one source estimates it costs about $7,424 per day.
Throughout the span of one year, that amounts to more than $2.7 million.
Wowzers!
3. Nighttime Shows – $50,000
I’m not sure about you, but I adore the evening fireworks displays at Disneyland.
However, all those stunning fireworks in the sky come with a price!
Yahoo! Finance reports, “The daily expense of the fireworks show is approximately $50,000, according to former Disney employee Ben Suarez.”
Therefore, it amounts to $50,000 for each of those enchanting performances held every evening at Sleeping Beauty’s Castle.
By the way, were you aware that you can currently observe the fireworks displays from the comfort of your own home!
4. Hotels – $147,000
Alright, take a look at this…
According to Yahoo Finance!,
The reported cost to operate a hotel for lodging ranges from $75 per night per room for a premium hotel to $12 per night per room for a budget hotel.
Yahoo! Finance
In simpler terms, operating the hotels at Disneyland is quite expensive!
At present, we are expending an extra $147,000 daily to upkeep them in the superb state that we expect from the House of Mouse.
5. Materials – $211,250
Al Jones, a business strategist at Disneyland, estimates that the park likely spends around 8 to 5 percent of its daily operating costs to cover the costs of materials.
The combined quantity of all those corn dogs, Dole Whips, plush toys, and Minnie Ears…?
Approximately $211,250, calculated from the overall estimations for the daily operational expenses of Disneyland and California Adventure exclusively.
6. Additional Costs – $1.69 Million
Naturally, there are likely to be additional expenses linked to maintaining the amusement park’s operations.
A notable expense is the enhancement of the outdoor space. Sustaining the vivid hues of various blossoms and the flawless lushness of the lawn necessitates a substantial sum of funds!
The Finance section of Yahoo! Reports that Homewyse’s Lawn Maintenance Calculator estimates the cost of maintaining Disney’s landscaping to be approximately $1.69 million, taking into account the number of acres and Disney’s location.
It Costs This Much to Keep the Lights on at Disneyland…
Now, for the ultimate disclosure of the daily expenses to maintain the operation of Disneyland.
Drumroll, please….
$2,552,074
Crazy, right?!
It requires a substantial level of dedication to guarantee that the lights are continuously illuminated for Mickey, Minnie, and the remaining Disney characters.
Now that we’ve addressed that, let’s try to determine the daily revenue generated by Disneyland!
How Much Money Does Disneyland Make Per Day?
Here’s the million dollar question: how much revenue does Disneyland generate per day that they’re open to the public?
Disney’s Yearly Earnings
To answer this question in the most optimal way possible, we must examine The Walt Disney Company’s (TWDC) quarterly earnings reports.
The chart provided illustrates the gains achieved during the last three months and the overall financial performance of The Walt Disney Company (TWDC) in 2019.
Do not fret if you are not well-versed in finance! I will elucidate precisely what is significant in this matter.
Truly, for our intentions, there is only ONE ASPECT that you truly need to examine here:
Those numbers might look sort of smaller than you expected, but keep in mind, this chart is showing dollar amounts in millions.
Actually, regarding this report, in the fiscal year, they generated a significantly larger amount exceeding $26.2 billion… Naturally, they did not merely earn $26,225, but rather the Disney Parks, also known as AKA.
Naturally, this applies to every individual dollar earned across all Parks, Experiences, and Products, not limited to only one specific amusement park.
An approximate calculation is only provided, but the precise sum of money is not entirely generated by the parks themselves. Roughly speaking, the total earnings across the theme parks can be determined by dividing $26.2 billion by 6, considering the existence of six parks worldwide.
$26.2 BILLION divided by 6 THEME PARKS equals $4.366 BILLION per THEME PARK per YEAR.
You can get a very rough estimate of how much Disneyland costs per day by dividing the number of days in a year (365 days) by the money you spend per day, since Disneyland is usually open every day of the year.
$4.366 BILLION ÷ 365 DAYS = $11,963,470.31
So, that’s our initial response!
What is the daily revenue of Disneyland?
$11,963,470.31.
Can we get even more specific?
They are not the ones that we are familiar with. If all parks were exactly the same size, the number of 11.9 million dollars would be equally distributed among them.
A website named Get Away Today calculated the figures on the parks and arrived at approximately $4-6 million per day.
The OC Register in California wrote about the economic cost of the global shutdown in March 2020, which can help us pinpoint an even larger amount of dollars!
They write:.
Locally, Disneyland and Disney California Adventure could see a drop in attendance of 1.4 million visitors and a revenue loss of $64 million during the 18-day closure period, based on data from annual TEA and Disney reports.
In Florida, the impact on Disney’s four theme parks could be twice as painful with attendance declining 2.7 million visitors and admission revenue plummeting $124 million during the 17-day closure, according to data in the annual reports.
Disney has four theme parks in Asia — Shanghai Disneyland, Hong Kong Disneyland and two parks at the Tokyo Disney resort. Disney’s Asian resorts could see a decline of 6.2 million visitors and an estimated loss of $285 million in admission revenue during the respective closures of the four theme parks, according to the annual report data.
OC Register
That is some extremely useful information right there!
If we were to take into account the admission revenue of Adventure California and Disneyland alone, it amounts to $3.55 per day per million people. This is calculated by dividing the revenue of $18 by the population of 64 million.
Another question to consider is how much money Disneyland makes per day, which is about $3.5 million if tickets to the park are taken into account.
Regardless of how you look at it, it’s a significant amount of money.
Final Answer!
Here are the ultimate calculations for our response to the inquiry:
What is Disneyland’s daily revenue?
Can estimate that Disneyland and California Adventure together generate approximately $6.5 million per day, allowing us to calculate an average.
Wrap Up
Quite astonishing things, isn’t it?
It requires a significant amount of funds to maintain the illumination of Mickey Mouse.
Fortunately, Disney generates sufficient revenue to continue doing so. Otherwise, we Disney enthusiasts would be quite melancholy!
Please remember, once again, this is only a rough approximation, relying on some extremely wide-ranging figures.
Nonetheless, it furnishes us with comprehension regarding the income that a Disney Park, like Disneyland, could generate on a daily basis.
When you take into account entrance tickets, parking, meals, souvenirs, and other costs, it all accumulates to a fairly substantial figure.
So, the next time someone asks, “What is the daily revenue of Disneyland?”.
You will have the ability to astonish them with a reply…Or three. 😉.
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