- Joined
- Jan 3, 2001
Disney's $5.5 Billion Shanghai Disneyland to Open In Spring 2016
by Alex Ben Block, The Hollywood Reporter
2/3/2015 2:34pm PST
Disney CEO Robert Iger said Tuesday during an earnings call that Shanghai Disney will open in the spring of 2016, and that major construction will be completed by the end of this year.
This is an update on what Iger said last year, when he predicted the park would open in 2015.
One reason for the delay may be timing. It is likely Disney wants to open its sixth theme park in the spring, when the weather is good (possibly as early as around the Chinese new year in February), rather than late in the year heading into winter.
"I was in China the week before last and saw amazing progress," Iger told stock market analysts on the call. "We just topped off our signature Shanghai Disneyland Hotel, and we're nearing completion on iconic features throughout the park, including the largest castle we've ever built, and we're getting ready to start casting the hundreds of performers we'll need to entertain our guests. It's thrilling to see Shanghai Disney Resort rapidly coming to life. The artistry, complexity, the magnitude, and the detail — it's all quite astonishing.
Rest of the article here: http://www.hollywoodreporter.com/news/disney-s-55-billion-shanghai-769885
by Alex Ben Block, The Hollywood Reporter
2/3/2015 2:34pm PST
Disney CEO Robert Iger said Tuesday during an earnings call that Shanghai Disney will open in the spring of 2016, and that major construction will be completed by the end of this year.
This is an update on what Iger said last year, when he predicted the park would open in 2015.
One reason for the delay may be timing. It is likely Disney wants to open its sixth theme park in the spring, when the weather is good (possibly as early as around the Chinese new year in February), rather than late in the year heading into winter.
"I was in China the week before last and saw amazing progress," Iger told stock market analysts on the call. "We just topped off our signature Shanghai Disneyland Hotel, and we're nearing completion on iconic features throughout the park, including the largest castle we've ever built, and we're getting ready to start casting the hundreds of performers we'll need to entertain our guests. It's thrilling to see Shanghai Disney Resort rapidly coming to life. The artistry, complexity, the magnitude, and the detail — it's all quite astonishing.
Rest of the article here: http://www.hollywoodreporter.com/news/disney-s-55-billion-shanghai-769885
