Euro Disney First Half Loss Narrows

EuroDisney, the corporation that owns Disneyland Paris, is still bleeding money, but at least it is bleeding less.

The net loss for the six months through March 31 narrowed to euro82 million ($111.7 million) from 101.8 million in the same period a year earlier, the company said in a statement. Sales rose 9.7 percent to euro512.6 million ($698.5 million).

Revenue was largely boosted by greater theme park attendance and hotel occupancy. Theme park attendance rose by 600,000 people to 6.1 million, while average spending per hotel room gained 5.1 percent.

Zz.