Filed in archive
Destination: Asia & the Pacific
by Greg Cruey on March 30, 2009
According to BusinessWeek, "the Magic Kingdom theme park has steadily lost money since opening in 2005. Now it's laying off workers and has put expansion plans on hold."
Some perspective may help understand the park's problems. Back in 2005 I wrote about the park's opening.
Should Disneyland Hong Kong close its doors, the effort to put a park in Shanghai would gain new momentum. That may motive the Hong Kong government to find a way to keep the park open.
© coconut wireless
Some perspective may help understand the park's problems. Back in 2005 I wrote about the park's opening.
By almost any measure the opening of Disney's new Hong Kong theme park was a monumental feat.The Shanghai theme park never got off the ground. Disney's relationship with the Hong Kong government has always been strained. And the park's days may now be numbered as the world recession makes it's financial situation even worse. At the very least, there will be no expansion.
- It is China's first theme park.
- Hong Kong invested huge sums of money in the project on Lantau, the biggest of Hong Kong's 236 islands, and owns a 57% share of the park.
- Land was reclaimed from the sea and new resort hotels built (check out About's Hotels site.).
- And Feng Shui experts were enlisted to help make the park "The Happiest Place on Earth."
But despite all the effort and money that went into the park's development, Hong Kong Disneyland opened to a swirl of bad press, possible legal action from Hong Kong health inspectors, protests from environmentalists and human rights organizations, a flooded market of fake Disney goods in the city, anger in Hong Kong over plans to begin work on another China theme park right away (in Shanghai), and (perhaps worst of all) long lines of impatient visitors inside the park.
Should Disneyland Hong Kong close its doors, the effort to put a park in Shanghai would gain new momentum. That may motive the Hong Kong government to find a way to keep the park open.
© coconut wireless
Permalink: Disneyland in Hong Kong May Not Make It
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Vote for Disneyland in Hong Kong May Not Make It:
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Rating: 6.20 out of 5 vote(s) cast.
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Response from:
inca trail
(04/03/09 9:35pm)
INCA TRAIL Machu Picchu was connected with Cusco, the capital city, and others through an excellent trails network.The Inca trail to Machu Picchu is considered as the most famous trekking route in South America, due to the different elements that offers to the visitor. It begins at the Km 82 of the railway, towards La Convencion Valley
Response from:
Pelle 79
(04/07/09 9:00pm)
I was checking for voip solutions and found the magicjack phone. Anyone tried it yet?
Response from:
Twenga
(04/14/09 2:59pm)
Very interesting reading many thanks for this post!My family loves Disneyland!
Response from:
Super Cheap Flights
(05/13/09 7:01pm)
Disney HK, please don;t close yet. You are the closest Disney from me right now and I will be having my time to go there soon. Please don;t close.
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