Disney Announces Expansion of Successful Cruise Business
Feb. 23, 2007
Two new ships will more than double passenger capacity
 
The Walt Disney Company president and CEO, Bob Iger
The Walt Disney Company president and CEO Bob Iger has announced plans to expand the company’s successful cruise business by adding two new ocean liners.

Scheduled to launch in 2011 and 2012, the ships will more than double the passenger capacity for Disney Cruise Line to meet the sustained demand for Disney’s family cruise vacations.

Disney signed a letter of intent with Meyer Werft shipyard in Papenburg, Germany, to negotiate a contract to build the 122,000-ton new cruise liners, which will be two decks taller than the existing 83,000-ton ships, the Disney Magic and the Disney Wonder.  Each ship will have 1,250 staterooms. Specific design plans and itineraries for the yet-unnamed ships are still in development and will be unveiled at a later date.

“Since our maiden voyage in 1998, Disney Cruise Line has been a huge success for our guests and for our shareholders alike,” Iger said. “It has brought our unparalleled family vacation experience to the high seas, and has also generated high margins and double digit returns on invested capital. We’re excited to announce the expansion of our fleet, which is a logical next step in what is a real growth business for us.”

Disney Cruise Line launched in 1998. The first two ships were purpose built for families to reconnect and recharge while enjoying their Disney Cruise. From a theater featuring live musical spectaculars, to a luxurious spa for adults and nearly an entire deck dedicated to children’s activities, the ships offer something for every member of the family.  Disney Cruise Line continues to grow by attracting passengers who say they would not have cruised if it hadn’t been for the Disney brand.

“Focusing on families has been smart business for us,” said Jay Rasulo, chairman of Walt Disney Parks and Resorts. “More than 95 % of Disney Cruise Line guests rate their cruise experience as excellent or very good.  Families know they can trust us to provide a quality, immersive Disney experience.

Similar to the original Disney Cruise Line ships, the new ships will be a modern interpretation of classic ocean liners of the 1930s.  Disney Imagineers drew their inspiration from the original trans-Atlantic ships that featured a dramatic black hull with two funnels and porthole windows.  The profile of the ships, with its gentle curves at the stern combined with sleek angles at the bow, are reminiscent of the art deco designs of the era. To add whimsy to the classic design, the Disney ships have the same exterior color palette as Mickey Mouse with black, white, red and yellow.  The new ships will feature elegant, detailed Disney scrollwork at the bow and will evoke images of the glamour of the golden age of cruising.

“With a larger fleet, we’ll have greater flexibility to offer a variety of itineraries,” Rasulo said.  “This is a business that our guests love, and we’re pleased to give them more options to explore the world with Disney with two new ships.”

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