You are here: Home » International » News » Others
Business Standard

Disney's Iger says Shanghai theme park close to breaking even

Shanghai resort greeted 11 mn visitors in first year; potential for Disney to build a 2nd China park


Walt Disney’s ambitious $5.5 billion Shanghai theme park is close to breaking even after its first full year of operations — a mark none of its resorts have been able to hit in the last 30 years, said Chief Executive Officer Bob Iger. “That’s an extraordinary achievement. I’m not sure we’ve ever done that,” said Iger in an interview with Bloomberg Television’s Tom Mackenzie on Friday as the Shanghai Disney Resort celebrated its first anniversary. “After the first year, I’m pleased to say that prospects are really strong for ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Sat, June 17 2017. 21:48 IST