Amusement parks - additional information
In 2015, Disney Parks and Resorts was by far the largest amusement and theme park company in terms of revenue worldwide. With revenues exceeding 16 billion U.S. dollars, Disney generated almost four times that of its closest competitor, OCT Parks China. The fourth largest company was Merlin Entertainments Group. The British company is the leader of visitor attractions in Europe and, after Disney, had the largest attendance at its attractions worldwide in 2015, with over 60 million visitors. Disney still dwarfed Merlin, however, with more than 130 million visitors to its parks and resorts.
The Walt Disney Company’s path to global domination began in 1923 when Walt and Roy O. Disney founded Disney Brothers Cartoon Studio in Hollywood, California. Disney quickly became the leader of the animation industry in the United States and, in 1955, Walt Disney opened his first theme park, Disneyland. In 2016, the Walt Disney Company’s revenue amounted to over 50 billion U.S. dollars and, in 2017, consumers named it the most reputable company worldwide.