New Star Wars Ride Will Save Disneyland
We're now less than a week away from the moment of truth for Disney's (NYSE: DIS) original theme park resort. Star Wars: Rise of the Resistance will open at Disneyland on Jan. 17, and if the next-gen attraction proves to be as popular in California as it has been since making its debut at Disney World last month, it could be just what the iconic theme park needs to turn its worrisome attendance trends around.
Disneyland surprised investors when it posted an attendance decline for Disney's fiscal third quarter of 2019, covering the three months ended in June. The dip in turnstile clicks was problematic because the first phase of Star Wars: Galaxy's Edge opened a little more than halfway through the period. The 14-acre expansion was supposed to be a no-brainer for the House of Mouse, but guests didn't show up in the expected record numbers. When attendance slipped again at Disneyland for the subsequent fiscal fourth quarter, the seasonally potent summertime period, the last of the scapegoats had left the stable.
Image source: Disney.
Source Fool.com
