Disney Experiences is the division of The Walt Disney Company responsible for the brand’s theme parks, resort hotels, cruise ships, and consumer products worldwide. Traced back to a division founded on April 1, 1971, it has been renamed several times over the decades, from Walt Disney Attractions to Walt Disney Parks and Resorts to, most recently, Disney Parks, Experiences and Products before settling on the current name in November 2023. Thomas Mazloum currently serves as chairman of the segment.
The division oversees six Disney resort destinations around the world, along with Disney Cruise Line, Disney Vacation Club, Adventures by Disney, Disney Consumer Products, and Walt Disney Imagineering, the in-house team that designs and builds attractions. In fiscal year 2025, the Experiences segment generated about $36.2 billion in revenue and a record $10.0 billion in operating income, underscoring its role as one of Disney’s most profitable businesses.
Stats at a Glance
- Founded: April 1, 1971
- Headquarters: Lake Buena Vista, Florida & Glendale, California
- Chairman: Thomas Mazloum
- Resorts operated/licensed: 6 (Disneyland, Walt Disney World, Tokyo Disney Resort, Disneyland Paris, Hong Kong Disneyland, Shanghai Disney Resort)
- FY2025 segment revenue: about $36.2 billion
- FY2025 operating income: about $10.0 billion (record)
- Other businesses: Disney Cruise Line, Disney Vacation Club, Disney Consumer Products, Walt Disney Imagineering
A Global Network of Theme Parks and Resorts
Disney’s ownership stake varies across its six resort destinations. It wholly owns Disneyland Resort in California, Walt Disney World Resort in Florida, and Disneyland Paris (fully acquired in 2017). Hong Kong Disneyland Resort and Shanghai Disney Resort are joint ventures with government-linked partners, with Disney holding a 48% stake in the Hong Kong park (versus 52% for the Hong Kong government) and a 43% stake in Shanghai (versus 57% for state-owned Shanghai Shendi Group); Disney still manages daily operations at both. Tokyo Disney Resort, the sixth, is owned and operated entirely by the independent Oriental Land Company under a licensing agreement, with Disney collecting royalties rather than running or holding equity in it.
This portfolio has made Disney the world’s most visited theme park operator, with the division’s parks drawing well over 150 million total guest visits in a typical year. Walt Disney Imagineering, the division’s creative and engineering arm, is responsible for designing the attractions, resorts, and shows found across these properties.
Beyond the Parks: Cruises, Consumer Products, and Vacations
The division’s reach extends well past park gates. Disney Cruise Line operates a growing fleet of themed ships, including the newly launched Disney Adventure sailing from Singapore starting in March 2026, while Disney Vacation Club and Adventures by Disney round out its travel offerings.
Disney Consumer Products, the segment’s retail and licensing arm, extends the Disney brand into merchandise, publishing, and games sold worldwide, making Disney Experiences function as both a hospitality operator and a global licensing engine for the broader Walt Disney Company.
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Disney Experiences FAQs
What is Disney Experiences?
Disney Experiences is one of the three main business segments of The Walt Disney Company, overseeing its theme parks, resort hotels, Disney Cruise Line, Disney Vacation Club, and consumer products business.
Does Disney fully own all six Disney resorts?
No. Disney wholly owns Disneyland Resort, Walt Disney World, and Disneyland Paris. Hong Kong Disneyland (48%) and Shanghai Disney Resort (43%) are joint ventures with government-linked partners, and Tokyo Disney Resort is fully owned and operated by the independent Oriental Land Company under a Disney licensing agreement.
How profitable is the Disney Experiences segment?
In fiscal year 2025, the segment posted about $36.2 billion in revenue and a record $10.0 billion in operating income, making it one of Disney’s strongest-performing business units.
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