Tuesday, 18th September 2012

Debt Mountain: The Walt Disney Company agrees €1.3 billion Euro Disney refinancing

Time to shoot for the moon again?

It’s not the rumoured share buyout, but it’s big: Euro Disney S.C.A., operating group of Disneyland Paris, tonight announced that a huge €1.3 billion of its epic debt pile will be refinanced by The Walt Disney Company itself, taking over from the banks which have stunted the resort’s growth. Given a longer lending term, less restrictive financial commitments and reduced interest payments, Disneyland Paris will be free to invest more in long-term growth and enjoy greater operational flexibility. Read More…

Sunday, 22nd April 2012

Park-exclusive ‘Disneyland Paris: 20 Years of Dreams’ book on sale tomorrow, 23rd April

Disneyland Paris: 20 Years of Dreams book

Couldn’t quite make it for the 12th April 2012 celebrations? You weren’t the only one. Slightly delayed from the shelves of Disneyland Paris boutiques was the new 192-page book all about the history of the resort. We reported its impending arrival late last month amongst the flurry of 20th Anniversary news, and it looks to be an impressive tome indeed. Available as a single 192-page book with both French and English text, it features over 500 images from the history of the resort, charting 20 years of progress and expansion from 1992 to today. And, though the publisher couldn’t quite meet the historic date itself, the book does now have a release date: tomorrow, 23rd April 2012!

The official blurb reads:

“Twenty years ago, Disneyland® Paris opened and Walt Disney’s dreams came to life in the place where the stories that inspired him were born. Since then, Imagineers, artists and Cast Members have worked together every day to share those dreams with more than 250 million guests. Relive, year by year, highlights from two decades of dreams and innovations at Disneyland Paris, through rare and never-seen-before artwork, photographs and interviews. From Walt Disney Imagineering to the expansion of Val d’Europe, peek into the life of a company that serves the area and those around. 20 Years of Dreams is both a must-have souvenir of Disneyland Paris and a family album covering the first twenty years of Europe’s number one tourist destination.”

Titled “Disneyland Paris: 20 Years of Dreams” (or “20 Ans de Rêves”) and priced at €49.99, it will be on sale exclusively at the following boutiques: The Emporium, The Storybook Store, Harrington’s, Walt Disney Studios Store, The Disney Animation Gallery, La Boutique du Château, The Disney Gallery, Disney Store, Galerie Mickey. You can see a glimpse inside here.

If you’re not planning to visit or revisit the resort again soon you can also get your hands on one of the 5,000 copies from the first print run via the official mail order service. Call +33 164744486 or +33 164744848 or email dlp.mail.order@disney.com. Note that Annual Passport and other discounts are not available on books.

Thursday, 29th March 2012

New book ‘Disneyland Paris: 20 Years of Dreams’ coming in April with 500 photos

Disneyland Paris: 20 Years of Dreams book

New Disney theme park book alert. From California to Florida, Paris and beyond, the alert siren rings out. That most anticipated and coveted line of souvenirs from the parks is about to have a new tome to add to its shelves. And for once, this one’s all about Disneyland Paris. Totalling 192 pages and 500 photos, “Disneyland Paris: 20 Years of Dreams” (or “20 Ans de Rêves”) has been written and produced especially for the 20th Anniversary. It will guide readers from the planning and grand opening of the resort in 1992 through 20 years of development, changes and events at the resort.

Available as a single edition, the book will include both French and English texts, with forewards by Tom Staggs and Philippe Gas, and afterword by Tom Fitzgerald. Priced at €49.99, the book will be exclusively available only at the resort itself, in eight separate, as-yet unconfirmed boutiques. A first print run of 5,000 copies will go on sale in mid-late April. We’ve been informed that, although Disney are pushing hard to have it available by 12th April 2012, there could be a small delay.

The 192-page size is certainly substantial enough: the same as the wonderful Walt Disney Imagineering: A Behind the Dreams Look at Making More Magic Real.

Though Disneyland Paris has produced numerous glossy souvenir photo books detailing current attractions, it has never published its own, complete history of the resort. Only the revered Disneyland Paris: From Sketch to Reality, published by Nouveau Millénaire Editions, has provided a true insight into the design and creation of the original park. Considered as “the bible” for Disneyland Paris fans, it is now only available as an expensive, limited collectors’ edition.

If you already own From Sketch to Reality, this new book aims to be perfectly complementary to its contents, full of new content and in no way a reptition. Not only will it feature the full 20 years of Disneyland Paris history, including photos and concept art from Walt Disney Studios Park, but also a closer focus on the progression of the resort from opening day to today. While From Sketch tells you how the parks were designed, 20 Years of Dreams will very much be the “what happened next…”

As soon as the book hits the shelves, we’ll race you to The Storybook Store…

PHOTO Disney Magic Interactive, Disney Showcase Key

Saturday, 11th February 2012

“Retro-Vintage” one of three promising buzzwords for 20th Anniversary merchandise

The ’90s are back, baby! What once was cast aside as garish colour and simplistic design could be set for a renaissance, if reports of Disneyland Paris’ merchandise ranges for the 20th Anniversary prove accurate. Alongside buzzwords “Celebration” and “Signature”, we’ll see a range titled “Retro-Vintage”, reports Cast Member @ulyssecuvelier on Twitter. Though some niche “Euro Disney” throwback pins were released for the 15th Anniversary, this could be the first time Disneyland Paris has truly explored its own past as a “vintage” idea to be resold anew.

However, with modern 2012 trends now looking back particularly favourably on this early 1990s era, what was garish or simplistic is now gradually being seen again as bold or refined instead. We’re all familiar with throwbacks to the 1950s design style of the original Disneyland, epitomised in websites such as Yesterland, with its colourful flags and block lettering. Even Walt Disney World mines its own past with much focus on Spaceship Earth and its original globe logo (examples below).

But what does “retro-vintage” mean to the relatively youthful resort in Paris? Well — take a look back at the first collage above! We’ve collected together just a few fine examples from our own Euro Souvenirland website, showing off the striking design style which saw Disneyland bombastically launch itself into Europe. A world away from the dazzling, multifaceted, but ultimately somewhat hollow, heavily photoshopped brand of 2012, the simple graphical designs of 1992 look ripe for revisiting.

Incredibly evocative of their time, any of these examples would work wonderfully re-applied to bags, T-shirts, keyrings and beyond. Just look at those paper bags and napkins — the illustrations on those are far more attractive than anything you’ll find even on the merchandise itself today!

It remains to be seen whether Disneyland Paris would want to reuse the Euro Disney logo specifically (unlikely), but it wouldn’t be hard to work the current logo back into this style… that’s if the merchandisers have the same idea of “retro-vintage” as us. We await 1st April 2012 to find out, if 12th April 1992 will come around again…

Also reported to be making up the range of birthday merchandise is a special Disneyland Paris 20th Anniversary wine by Domaine Bertrand. A revisit of an idea from the 15th Anniversary, it will be available in a commemorative bottle as red, white or rosé.

• In the meantime, explore more “retro-vintage” memorabilia at Euro Souvenirland.com!

VIA @ulyssecuvelier (Twitter)

Wednesday, 8th February 2012

From Adrien to Zacharie, 20th Anniversary Cast Member name tags are coming

With a workforce of over 14,500 employed at the resort and even more certified Cast Members beyond, it’s no wonder this new design for Disneyland Paris’ 20th Anniversary name tags has quickly done the rounds online. Every single member of the “cast” will soon be switching their Magical Moments Festival name tag for this new 2012 design, neatly fitting the hemisphere of the 20th logo into its standard lapel design. It’s just one of endless pieces of miscellanea which will be taking on a special look for the upcoming birthday year, just as we saw for the 15th Anniversary.

For fans (including those on the Disney payroll!), these all create perfect “souvenirs” to chart the changing styles and aspirations of the resort across the years. On our sister site Euro Souvenirland, you can already find examples of the 5th Anniversary name tags from 1997 and the millennium name tags from 2000. There are numerous more variations to be found that we’d love to put into a “name tag timeline”, but we need your help! If you can provide photographs or scans of old name tags in your collection, send them over to contributions@eurosouvenirland.com!

PHOTO Jean-Louis Gold VIA Dlrp Express (Facebook)

Tuesday, 7th February 2012

Resort revenues up 4%, attendance up 5%, not a rat to be found in First Quarter 2012 results

Disneyland Paris saw overall revenue growth of just 1% in the first quarter of its 2012 financial year, from 1st October to 31st December 2011. The results, published this morning by operating group Euro Disney S.C.A., make for unremarkable if somewhat reassuring reading given the economic climate. Resort revenues, for Theme Parks, Disney Village and Hotels, actually rose a good 4% in the quarter, brought down for the total figure only by lower real estate revenue compared to 2011. Park attendance itself grew a surprising 5%, due to higher numbers visiting from France itself, perhaps taking advantage of the mild late Autumn for last minute trips, with total Theme Park revenues up 7%.

Philippe Gas, CEO, comments that “improved attendance and guest spending are encouraging, especially in light of the challenging economic environment.”

However, average spending per guest in the parks was up by only 1% and average spending per room at Disney Hotels up only 2%. Total Disney Village and Hotel revenues grew by just 1% and room occupancy at Disney Hotels actually fell by 1.1 percentage points. It seems that, despite continued success in getting guests through the park gates, the resort still struggles at turning these numbers into anything more than negligible increases in revenue, probably driven more by price increases than additional purchases. It has to be said that, for a visitor, the resort’s casual dining fare remains largely out of date and uninspiring, while the merchandise range simply fails to engage for many demographics. At a time when a guest will consider and reconsider every additional purchase on top of their ticket, the resort certainly isn’t doing badly, but it is failing to make many consequential gains.

Nor is the dip in hotel room occupancy disastrous, especially after a sharp (and perhaps, unsustainable) jump of 5.6 percentage points in FY2011. Yet perhaps it reflects a growing feeling amongst visitors that the Disney Hotels do not offer the best value for their money. High standard room rates have combined with aggressive discounting over several years to suggest that “the price on the label” may not necessarily be the price they’re worth. A quick visit to any online trip planning forum will immediately bring up potential visitors merely biding their time for the next “big offer” or “flash sale” — hey, like this one! — which, while useful for propping up numbers, must surely be harming the brand value associated with Disneyland Paris. Will anyone ever want to pay full price again?

Signing off, Philippe Gas mentions only the 20th Anniversary: “In April we look forward to launching our twentieth anniversary celebrations with brand new experiences for our guests, including the Disney Dreams®! night-time show, an innovative light and color spectacular. It will also be
an opportunity to celebrate a two-decade journey with our cast members, our guests as well as our key public and private partners who have helped Disneyland Paris become Europe’s number one tourist destination.” Meanwhile the footnotes include only the same passing mention to the launch of a “multi-year expansion of the Walt Disney Studios® Park, which includes a new attraction.” So, despite construction having begun, no Ratatouille dark ride announcement yet; and all eyes on the 20th…

VIA Euro Disney S.C.A. Fiscal year 2012 – First Quarter Announcement (PDF)

Saturday, 19th November 2011

Disneyland Hotel brings the Grand Floridian Christmas gingerbread house tradition to Paris

Disneyland Hotel is infamous for the signature fragrance that wafts through its hallways, but this Christmas you might spot a new scent in the lobby: gingerbread. And if you can’t smell it, you’ll certain see it — the huge new Christmas gingerbread house! Constructed on-site and piece-by-piece using real gingerbread pieces baked by the chefs of the hotel’s California Grill table service restaurant, the house is a first for Disneyland Paris, adopting a long tradition from Walt Disney World in Florida. Requiring 350 hours of work, it stands next to the hotel’s Duffy-decorated Christmas tree with a Duffy bear of its own perched atop the chimney. See below for a time-lapse video of its construction.

Over at Disney’s Grand Floridian Resort & Spa in Florida, the house measures an enormous 16 ft high and comes complete with three floors, windows and balconies in a Victorian manor style. Since the Grand Floridian and Disneyland Hotel in Paris are often considered cousins, designed in a similar period style, it’s fitting that the tradition now be shared between the two hotels. The Floridian notably served as a stand-in for its Parisian cousin during much of the pre-opening publicity for Euro Disney.

We noted at the return of “it’s a small world” Celebration in 2009 how welcome it was to see Disneyland Paris adopting more annual traditions similar to those at the American resorts. These kinds of smaller events keep the resort fresh and visitors returning throughout the year. Now, we can hopefully add the Disneyland Hotel gingerbread house to our young resort’s annual calendar!

Time-lapse video of the Gingerbread House construction follows… Read More…

Thursday, 10th November 2011

More visitors but higher losses in 2011 Financial Results as Disneyland Paris invests in assets

Increased revenues from the Parks, Hotels and Disney Village failed to outweigh the extra investment pumped into maintaining those assets during the past year, Disneyland Paris has recorded in its Fiscal Year 2011 Results, leading to a net loss of €64 million. Though these Resort operating revenues rose by €60m to €1,275.2m, they couldn’t make up for an increase of €42.3m in direct operating costs to pull Euro Disney SCA, the operating group behind the resort, out of a net loss. As CEO Philippe Gas comments, “This past year we further invested in enhancing the overall guest experience, by introducing longer park operating hours, adding new entertainment and improving the appearance of our guest facing assets. Although these investments increase our costs, they are critical to maintain our long-term attractiveness as Europe’s number one tourist destination.”

Numbers are made to look worse, year-on-year, by the exceptional €47m sale of the land beneath the Val d’Europe shopping centre last year, which also affected Third Quarter 2011 results. Had this not taken place, rather than losing “just” €45.2m in 2010 the company would have seen a €92.2m net loss last year. Considering the heavy operational investment leading up to the 20th Anniversary and the lack of new attractions, the resort perhaps didn’t fare too badly in 2011. In fact, the figures which remain strikingly positive are those for visitor numbers. Park attendance rose to a new record of 15.6 million visitors, while hotel room occupancy grew back up to 87.1% from 85.4% last year (it was at 87.3% in 2009). Average spending per room also increased by around €10 to €219.74, no mean feat given the economic climate across Europe and continuous special offers.

But, as ever, the challenge for Disneyland Paris remains turning these strong numbers into a profit on the bottom line. €123 million in borrowings was reported to have been paid back this year, but if the resort can’t turn a profit on 15.6 million visitors, will it ever climb out of its estimated €2 billion debt? Was the heavy investment in refurbishments this year a one-off, or just the level of rolling investment the resort should be putting into its parks and resort all the time? And if visitor numbers rise again for the 20th Anniversary, will that translate into a profit, or will grand plans for the new nighttime spectacular (etc) — and the longer opening hours required to present it — outweigh the gains yet again?

Speaking of which, the report finally confirms: “In April 2012, Disneyland Paris will launch the celebrations of its 20th Anniversary. A number of brand new experiences await guests, including Dreams, a night-time show with classic Disney storytelling and the latest technical special effects.”

Perhaps the greatest special effect Dreams can pull next year is that, come November, Euro Disney SCA inches into a profit. That’ll take more than faith, trust and pixie dust.

FULL REPORT Euro Disney SCA Fiscal Year 2011 Results (PDF)

Tuesday, 3rd May 2011

Lighthouse, windmill and Colonel Hathi’s latest to join long list of current refurbishments

Newport Bay Club lighthouse

The Old Mill

Here’s a word: unprecedented. We always hoped there would be a big effort to get the parks and resort “neat and pretty” for the 20th Anniversary, but no-one expected the refurbishments to come so early and so all-encompassing. Seeing each of the projects announced during the 2011 refurbishments presentation starting one by one is very exciting indeed, especially when they’re finally beginning to fix “black spots” such as the Newport Bay Club lighthouse. This prominent beacon on the all-to-often windswept Lake Disney has had its wood panelling literally hanging off for the past few months. Things weren’t so drastic at The Old Mill in Fantasyland, captured by @InsideDLParis with its sails removed for work to begin, but expect similar repairs to the panelling and roof.

Elsewhere, the Fantasyland repaving project has just hit the British quarter of the land. As seen in the photo by Disney Gazette below, the area around Toad Hall Restaurant behind Dumbo the Flying Elephant is now temporarily closed for work to replace the tired concrete.

Fantasyland repaving

Colonel Hathi's Pizza Outpost

And over in Adventureland, perhaps the largest project of all these — the complete restoration of the Colonel Hathi’s Pizza Outpost exterior. Unlike The Old Mill, this walk-in counter service restaurant remains open, with scaffolding and tarp currently surrounding the entire first two floors.

VIA Disney Gazette, @InsideDLParis (Twitter)

Wednesday, 27th April 2011

Villages Nature website launches with public debate on 259 hectare project …and a logo

Les Villages Nature de Val d'Europe

Les Villages Nature de Val d’Europe might not have the most catchy name, particularly for non-French speakers, but the project’s new website has just launched at a more succinct www.villagesnature.com. This is the 50/50 development between Euro Disney and Pierre & Vacances Center Parcs, a huge new leisure and accommodation destination planned to be built on land surrounding Disney’s existing Davy Crockett Ranch a few kilometres south-east of the parks. A first phase of 1,730 accommodation units (710 apartments surrounding the main lake, 1,020 individual cottages further south) would also see the creation of a unique geothermal heated lagoon and the largest water park in Europe, along with restaurants, shops and other amenities. This new website seeks to collect questions and opinions from those affected in the local area, with a budget  of €700 million “subject to public debate”. Of that, €430 million would be for accommodation units, to be leased to individual investors for periods of 9 years, whilst €260 million would be for the water park, leisure facilities, shops and restaurants.

The results of this public inquiry will be known in August, when the authorities are hoped to give the go-ahead. Marketing would then begin towards the end of this year with construction starting in the first quarter of 2013 for a first phase opening date of first quarter 2015. Don’t think this project will be a self-contained expansion, either — we’ll certainly see the effects back up at the main esplanade. The Transports page confirms some big changes, such as the long-awaited construction of a southern entrance to the TGV platforms, opposite the new World of Disney, allowing travellers from Val d’Europe and the south to access the high speed rail station without crossing the busy park entrances. Not only that, but a southern RER entrance is now also planned, and a southern bus station to be positioned in front of the Disney Village parking building.

Les Villages Nature de Val d'Europe

Even more dramatic, Disneyland Paris would no longer be the end of the RER A line, with a plan to extend the line to join up with RER Line E at the town of Esbly to the north-east — currently very close but hard to access from the resort. Sadly for international travellers there’s no such rail extension in the pipeline up to Charles-de-Gaulle Airport (which would surely be both profitable with tourists and hugely useful for locals, better than using the TGV for such a short hop), but an “intensification of shuttle services”. The envisaged tramway system also appears to have hit a buffer-stop when Val d’Europe lost its bid for the French Open tennis tournament, meaning the super-eco-friendly project will probably be relying on shuttle buses. Although a stop at least looks to be provided for Davy Crockett Ranch, which will remain separate from the project, allowing trappers to leave their cars behind to get to the parks. Finally, the road network would be improved — in particular with an entrance to the Villages Nature themselves branching south from the main Exit 14 of the A4 autoroute, visible in the map above.

Les Villages Nature de Val d'Europe

Les Villages Nature de Val d'Europe

Architecturally, many of the buildings revealed so far are certainly daring. In fact, you might worry that these are going to be the 2015 equivalent to 1992’s soon-dated Festival Disney. But a strong artistic direction at this stage could also be reassuring. The most exciting aspect so far is that Joe Rohde, the lead designer of Disney’s Animal Kingdom, has been mentioned as part of Walt Disney Imagineering’s artistic involvement, and it seems you can see that influence already in the buildings overgrown by plants, creating a mélange of man and nature. Arts & Crafts and Art Nouveau are strong influences, with the styles of Frank Lloyd Wright and Friedensreich Hundertwasser quoted officially as inspirations.

VIA Projet Villages Nature

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