July 28, 2016 11:04 PM ET

Hotels, Restaurants and Leisure

Company Overview of Disney Destinations, LLC

Company Overview

Disney Destinations, LLC conceives, builds, and manages theme parks and vacation resorts, and various other family-oriented leisure enterprises. The company’s resorts offer hotel facilities, water parks, golf courses, and a cruise line. It owns resorts and parks in Orlando, Florida; Anaheim, California; Hawaii; Paris, France; and Hong Kong. The company also earns royalties on Disneyland in Tokyo, Japan. It was formerly known as Walt Disney Parks and Resorts, LLC and changed its name to Disney Destinations, LLC in April 2006. The company was founded in 1971 and is based in Burbank, California. Disney Destinations, LLC operates as a subsidiary of The Walt Disney Company.

500 South Buena Vista Street

Mail Code 7667

Burbank, CA 91521-7667

United States

Founded in 1971

Phone:

818-560-1000

Fax:

818-623-3637

Key Executives for Disney Destinations, LLC

President of Operations - U S and France
Age: 62
President of Disney Cruise Line
Head of Disney Vacation Club
Age: 64
Executive Vice President of Hong Kong Disneyland Resort and Group Managing Director of Hong Kong Disneyland Resort
Senior Vice President of Public Affairs
Compensation as of Fiscal Year 2016.

Disney Destinations, LLC Key Developments

Kimberly-Clark Announces Strategic Alliance with Walt Disney Parks and Resorts

Kimberly-Clark Corporation announced a new strategic alliance with Walt Disney Parks and Resorts. As part of the alliance, Kimberly-Clark's trusted brands will increase their availability and offerings within Walt Disney World Resort, Disneyland Resort and Disney Cruise Line on multiple fronts, including Baby Care Centers hosted by Huggies. The Baby Care Centers offer parents a dedicated environment to care for children and manage tasks like changing diapers during visits to Walt Disney World Resort and Disneyland Resort. Additionally, Kimberly-Clark's baby care and family care products such as Huggies diapers and wipes, Kleenex tissues, and Pull-Ups training pants will be available for purchase in the Baby Care Centers and select retail areas throughout Walt Disney World Resort and Disneyland Resort. This agreement expands upon the existing relationship between Kimberly-Clark and Disney Consumer Products, Media Networks, and The Walt Disney Studios. With millions of families visiting the parks annually, the alliance is a natural extension.

Hearing Set in Lawsuit over Walt Worker's Death

A hearing is scheduled in a lawsuit filed against Walt Disney Parks and Resorts by the family of an employee who died while working on an Animal Kingdom ride in 2011. The family of Russell Roscoe filed the suit in Orange County Circuit Court in 2012. Roscoe, a 52-year-old attractions mechanic, died in 2011 after a ride vehicle struck him while performed maintenance on Primeval Whirl. Roscoe and other workers were wet testing the ride in which some employees spray water from the top of the lift platform while others inspect systems such as brakes when the accident occurred. Disney has asked for claims to be dismissed, saying Roscoe's family is already entitled to benefits under workers compensation and that employer immunity from lawsuits is a protection under that system. The plaintiff is arguing that immunity does not apply because Disney knew the dangers involved with testing the ride, but that danger was not apparent to Roscoe and Disney misrepresented it. Disney is disputing those claims.

Walt Disney Parks & Resorts and SMS Audio Form Strategic Alliance

Walt Disney Parks & Resorts and SMS Audio LLC have formed a multi-year alliance in which SMS becomes the official headphones of Walt Disney World Resort in Orlando Disneyland Resort in California. The financial terms of the alliance were not disclosed. As part of the agreement, SMS Audio also will be a sponsor of the Star Tours - The Adventures Continue attraction at Disney's Hollywood Studios. The company's products will be featured at the park's annual Star Wars Weekends, which attracts thousands to the Central Florida region. In addition, SMS Audio will be a sponsor of the Avengers Super Heroes Half Marathon Weekend and Star Wars Half Marathon Weekend, both at Disneyland Resort.

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Recent Private Companies Transactions

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