Disney announced in a securities filing on Tuesday that it plans to double investments in parks and cruises.
The planned investment is around $60 billion over the course of ten years.
The news comes amid efforts of Disney revamping its investments by selling its TV networks as it struggles to make the streaming business profitable.
Its theme parks, however, are still profitable, though attendance and hotel bookings since the pandemic have been slow.
Despite being profitable, the business in domestic parks, especially Walt Disney World, has been slow with low attendance and hotel room bookings.
Disney plans to use 1,000 acres of land for development in Disneyland in California, Disney World in Florida, and parks in France, China, and Japan.
Cruise ship ports in the U.S., Asia, New Zealand, and Australia are also being expanded.
It plans to add a new homeport in Singapore to expand its Asia-Pacific reach, and two ships in 2025 and another in 2026.