Disney CEO Comments On $60 Billion Expansion Project

Disney has spent a LOT of money in the parks and on Disney Cruise Line over the past few years, ever since it first announced a $60 billion investment in projects for both.

Main Street, U.S.A. in Magic Kingdom

In Disney World, we’ve already seen several rides get huge updates, while new lands are being built in three of its new parks, along with an expansion in Magic Kingdom and a reimagined area in Disney’s Hollywood Studios. Disneyland is getting a big expansion to Avengers Campus, as well as a new ride and land. Disney Cruise Line keeps announcing new ships, including the upcoming Disney Believe, which will start sailing in 2027. Well, now Disney CEO Josh D’Amaro has commented on how the expansion plans are going.

Disney just held its Q3 2026 Earnings Call and released the accompanying earnings report. During the call, Disney CEO Josh D’Amaro held a Q&A session, with one of the questions targeting the status of the $60 billion expansion that Disney announced in 2023. The earnings report showed that Disney’s Experiences (which covers both the parks and Disney Cruise Line) was up 10% from the same time last year, with attendance in domestic parks up 3 percent. According to D’Amaro, this shows that the parks are still driving growth and profits and will continue to do so with the new lands and expansions.

Big Thunder Mountain Railroad was one of the rides that was recently updated in Disney World

Disney also pointed out the success of Disney Adventure World’s World of Frozen, which opened in the second quarter at Disneyland Paris. D’Amaro even pointed out that Disney’s parks were outperforming those of the competition.

For now, Disney Consumer Products also falls under Experiences (although that will change soon), and that division did well thanks to the success of Disney movies, including Toy Story 5, which made over $1 billion at the global box office.

World of Frozen in Disneyland Paris

Disney Cruise Line has also seen some expansion with the most recent ship, the Disney Adventure, which set sail in the second quarter of the financial year out of Singapore, a first for Disney. More ships are on the way, but D’Amaro commented that the current ships are performing very well.

Disney Adventure Cruise Ship

D’Amaro pointed out that although we’re living in financially uncertain times, Disney’s $60 billion investment, as well as the unique experience the company provides to its guests, continues to be highly valued. Thanks to this, the company will continue to grow (and make money) into the future.

We’ll keep an eye out for more Disney news, so stay tuned to DFB for more.

Disney Just Dropped 4 HUGE Announcements

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