Euro Disney S.C.A., operator of Disneyland Resort Paris, issued its financial statement for the first quarter of fiscal year 2009, which ended Dec. 31, 2008. Resort operating segment revenues increased 3 percent to 324.4 million euros from 316.1 million euros in the prior-year quarter. Theme parks revenues increased 6 percent to 186.1 million euros from 175.1 million euros in the prior-year quarter, reflecting an 8 percent increase in attendance. Theme parks attendance was driven by more guests visiting from France, which was partially offset by fewer guests visiting from Spain and the United Kingdom. Average spending per guest declined by 1 percent due to lower spending on merchandise items. Hotels and Disney Village revenues decreased 2 percent to 124.6 million euros from 126.7 million euros in the prior-year quarter, reflecting a 2.3 percentage point decrease in hotel occupancy.

The decrease in hotel occupancy resulted from a decrease of 12,000 room-nights compared to the prior-year quarter, primarily driven by fewer guests visiting from Spain and the United Kingdom, partially offset by more guests visiting from France. Average spending per room remained stable. Other revenues, which primarily include participant sponsorships, transportation and other travel services sold to guests, decreased 0.6 million euros to 13.7 million euros. Real estate development operating segment revenues decreased 21.0 million euros from the prior-year quarter. Prior-year quarter real estate revenues included 12.5 million euros of revenue related to the sale of a property in Val d’Europe which had been subject to a long-term ground lease. The remaining decrease resulted from a reduction in the number of transactions closed in the period to one, compared to four transactions closed in the prior-year quarter period. In the first quarter, expenses related to the resort activity increased due to labor cost inflation and marketing and sales expenses. This increase was partly offset by reduced costs associated with lower real estate development activity.

In 2009, Disneyland Resort Paris will launch a new, year-long celebration, and will unveil the Playhouse Disney Live on Stage attraction and a Disney Stars and Cars show. As Europe’s number one tourist destination, 2009 promises to be a particularly festive year as Mickey’s Magical Party launches with an exciting line-up of interactive entertainment and attractions in both the Walt Disney Studios Park and Disneyland Park. In the Walt Disney Studios Park, Playhouse Disney Live on Stage will provide the opportunity for guests, big and small, to join favorite friends from the Disney Channel.

The Walt Disney Studios Park will debut Disney Stars and Cars, a new Hollywood cavalcade featuring Disney characters. In the Disneyland Park, Minnie heads up an all-new Minnie’s Party Train that will chug down Main Street, U.S.A. New decor, music and choreography, along with a crowd of Disney friends will accompany Minnie in this meet-and-greet opportunity with guests. It's Party Time... with Mickey and Friends will provide a festive, interactive experience in which Disney Characters and guests prepare for Mickey's Magical Party at Central Plaza. Finally, D.J. Stitch will emcee It’s Dance Time... in Discoveryland and get the dance party going with a multi-colored dance floor and street dancers. Additional financial information is available at www.corporate.disneylandparis.com  For more information on Disneyland Paris Resort, visit www.disneytravelagents.com.