The turnover of the group that operates Disneyland Paris is down 6.1% on the first quarter this year due to a drop in its tourist activities.

On the semester ended March 31, 2014, the turnover of Euro Disney SAS is down by 6.1%, to 533.3 million euros. This drop is due to the slump in the group's tourist activities which were down by 5.4% on the period to 530.8 million euros.

The bad economic situation in Europe and the shift of Easter vacation to April affected attendance and occupancy at the theme parks and hotels. The combined revenues of Magic Kingdom and Disney Studios is down by 4.2%, to 298.3 million euros, due to the 6% drop in their occupancy (6.3 million visitors), partially compensated for by the 2% increase in average visitor spending (46.83 euros).

As for turnover from hotels and Disney Village, it is also down by 6%, to 214.5 million euros, resulting from a 5.7 point drop in the occupancy rate at hotels, or 59,000 nights fewer than the previous year.

"Our first semester results were again marked by the continued economic softness in Europe, as well as a shift of the Easter vacation period into the third quarter. These elements drove lower resort volumes, which impacted our results. However, we continue to deliver on our strategic priorities with growth in average guest spending and a 6% increase in overall guest satisfaction rate compared with the first semester last year. This demonstrates the relevancy and consistency of our strategy of investing in the guest experience," remarked Philippe Gas, CEO Euro Disney SAS.

The group remains optimistic about the current year, as its activity is seasonal and its annual results mostly depend on activity in the second half of the year.