Hong Kong lawmakers approve Disney expansion
Theme Park to expand by 23 percent with three new theme areas. Friday, Hong Kong lawmakers approved a government plan to spend HK$3.63 billion ($468 million) to expand Hong Kong Disneyland, reports Reuters. Hong Kong Disneyland is the smallest of Disney's five resorts. Attendance has been far below targeted estimates. The government hopes the expansion will boost long term attendance. Click here to read →
Disney’s Hong Kong Plan Hits Blockage
Last week the Walt Disney Company and Hong Kong agreed at a cost of 3.5 billion Hong Kong dollars ($450 million) to expand Hong Kong Disneyland. This expansion is an effort to boost the park's fortunes. Saturday, Hong Kong lawmakers now require the governement and the Walt Disney Co. to disclose the theme park's performance before approving the expansion plan. Click →
