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Is Disney hinting at a fifth theme park in Florida?

Sara Filips

Related video: A glimpse of the progress of Tiana’s Bayou, a new attraction coming this year to Disney World.

TAMPA, Fla. (WFLA) — Disney has announced a $60 billion investment for the next 10 years to grow their company in their “Experiences” business.

Disney’s first fiscal quarter yielded strong financial results, as they announced a “new era of building” that is underway. Of the $60 billion being invested, 70% of that will be designated to incremental capacity, referencing growing attractions.

During a live conference call on Feb. 7, the CEO of The Walt Disney Company, Bob Iger, was asked a question regarding a fifth park at Disney World in Orlando.

“We’re already hard at work, basically determining where we’re going to place our new investments and what they will be,” Iger said. “You can pretty much conclude that they will be all over, meaning every single one of our locations, will be the beneficiary of increased investment and thus increase capacity including on the High Seas,” Iger said of Disney’s theme parks and their cruise line around the world.

Iger also announced that the company is building three more cruise ships.

“I’m not going to really give you much more of a sense of timing, except that we’re hard at work at getting these things basically conceived and built.”

While Iger didn’t confirm a fifth park in Orlando, he did say Disney has a “menu” of things opening in 2025.

In a general statement. Iger said the following:

“Just one year ago, we outlined an ambitious plan to return The Walt Disney Company to a period of sustained growth and shareholder value creation. Our strong performance this past quarter demonstrates we have turned the corner and entered a new era for our company, focused on fortifying ESPN for the future, building streaming into a profitable growth business, reinvigorating our film studios, and turbocharging growth in our parks and experiences.”

However, Disney had a decrease in revenue at their theme parks than previous years. The company said fewer customers visited the parks and resorts and blamed the difference on inflation and the previous year being the company’s 50th anniversary.

Despite this decrease, the company said Disney Cruise Line showed lots of growth.

In 2024, Disney World is set to introduce five new attractions and events: