Jay Rasulo announced at the UBS Global Media and Communications Conference in New York yesterday that Disney may quickly expand Shanghai Disneyland Resort after its opening late 2015 "in order to meet rising demand in the world’s most populous country".
"Shanghai Disney Resort will be almost 1,000 acres (404.7 hectares) in size when it opens, putting it third behind Walt Disney World in Orlando, Florida, and Disneyland Paris among the company’s resorts" said Rasulo. Disney will have enough room available to expand both the new park and to create another one as land has been kept on the right of Shanghaî Disneyland "Magic Kingdom".
“We believe we’re developing a park that will absolutely blow people away. We’re opening the park for a pretty healthy number of attendees but more importantly both we and our partners and the Shanghai government are eager and willing to expand rapidly after that,” Rasulo said. Attendance could ultimately top Tokyo Disney Resort, which has 28 million annual visitors, Rasulo said.
Disney owns 43 percent of the venture with the state-owned Shanghai Shendi Group Co., a consortium of three businesses, holding the rest and cost of the phase one of the project is $4.78 billion. "Shanghai Disneylandis part of a larger focus by Disney on China, where entertainment spending by consumers has lagged the growth of the middle class. The new park is within a three-hour drive of 330 million people, many of them young families" Rasulo said.
Don't get too excited, though, with Rasulo's as what will more probably happen is that they will build new hotels and attractions and then a new theme park years later as they do usually, and this if everything goes well. We learned with the experience of Disneyland Paris to don't believe promises until works on any expansion starts for real.
The King of Thailand Bhumibol Adulyadej died today in Bangkok, Thailand, at 88. He was King of Thailand since 70 years, and was the King ...
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