PARIS — Freak weather in France hit holiday business at Disneyland Paris, although revenues for the quarter ended Dec. 31 were up 8% on the same period in 1998, Euro Disney reported Thursday.
The theme park was forced to close Dec. 26 after a storm that wreaked havoc across the country. The 3,000-capacity Davy Crockett Lodge was damaged badly by falling trees and only partially will open this spring, said the company, which is still assessing the scale of the damage throughout the park.
While attendance and hotel occupancy in October and November were up on the previous year, they were down for December.
Visitors spent more, however, on the park’s special millennium events, paying higher entrance fees and contributing to total operating revenue for the period of $202 million.
The quarter also saw the successful completion of an equity offering whose proceeds will go toward construction of Disney Studios. Some 287.9 million shares were issued at a value of 81¢.