Disney risks $1.5 billion revenue if US parks close 30 days: analysts - Business Insider

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Disney risks $1.5 billion revenue if US parks close 30 days: analysts - Business Insider
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Disney risks losing $1.5 billion in revenue if it's forced to close all US theme parks for 30 days, analysts forecast

Disney is taking the rare step of closing its Disneyland parks through the end of March due to the coronavirus pandemic, the company announced on March 12.

So far, Disney has said it will close Disneyland's two parks from March 14 to 31, and the parks' resort starting on the March 16.

"With profitability for US parks being much higher [than those in Asia], we looked at the impact of prior hurricane-related closures for Disney World to assess the impact," the note said.

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