Domestic Parks and Experiences
The decrease in operating income at our domestic parks and experiences reflected lower results at our domestic parks and resorts, largely offset by higher results at Disney Cruise Line.

• At our domestic parks and resorts, lower results in the current quarter compared to the prior quarter were due to:
  • A decrease at Walt Disney World Resort reflecting a modest decrease in revenues and higher costs. These impacts were due to:
    • Lower volumes due to decreases in attendance and occupied room nights, both of which reflected the comparison to the 50th anniversary celebration in the prior-year quarter
    • Higher costs due to inflation, partially offset by cost-saving initiatives and lower depreciation
    • Increased guest spending due to higher average ticket prices, partially offset by lower average daily room rates

Results at Disneyland Resort were comparable to the prior-year quarter as revenue growth was largely offset by an increase in costs. These impacts were attributable to:

• Increased guest spending primarily due to higher average ticket prices ▪ Attendance growth ▪ Higher costs driven by inflation
• Growth at Disney Cruise Line was due to increases in average ticket prices and passenger cruise days, partially offset by higher costs

International Parks and Experiences
Higher international parks and experiences’ operating results were due to:

• Growth at Shanghai Disney Resort due to: Higher volumes attributable to an increase in attendance. The park was open for all of the current quarter compared to 58 days in the prior-year quarter as a result of COVID-19 related closures. Guest spending growth due to an increase in average ticket prices
• Higher operating income at Hong Kong Disneyland Resort attributable to: Guest spending growth primarily due to an increase in average ticket prices Higher volumes resulting from increases in attendance, which benefited from the park being open for more days in the current quarter, and occupied room nights Increased costs driven by inflation and new guest offerings
• Results at Disneyland Paris were comparable to the prior-year quarter due to:
  • Higher costs primarily attributable to increased operations support costs and inflation Lower volumes primarily due to a decrease in attendance. The prior-year quarter included the 30th anniversary celebration. The comparison to a loss in the prior-year quarter on the disposal of our ownership interest in Villages Nature