May 26, 2017 7:18 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

30 Former IT Workers Sue Walt Disney Parks and Resorts in an Orlando Federal Court

The 30 former IT workers sued Walt Disney Parks and Resorts in an Orlando federal court, seeking punitive damages. The lawsuit contends that 250 IT workers in Florida were told they would need to train their replacements before they were fired at the end of 2014. Each replacement worker was of Indian origin, and was either brought from overseas or working outside the United States, according to the lawsuit. The lawsuit also alleges violations of the Older Worker Benefit Protection Act, which protects workers from age discrimination.

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.

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Recent Private Companies Transactions

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