Quantcast Walt Disney Co.'s $3.75 billion Shanghai Theme Park
 
INTERCOT: Walt Disney World Vacation Planning Guide Walt Disney World Disney Cruise Line Mousehut Mail WebDisney News INTERCOT: Walt Disney World Vacation Guide
News Discussion Theme Parks Resorts Info Central Shop Interactive Podcast INTERCOT Navigtion
Site Sponsors
  magical journeys travel agency
  INTERCOT shop

INTERCOT Affiliates
  disney magicbands & accessories
  disneystore.com
  disney fathead
  disney check designs
  amazon.com
  priceline.com

News
  site search
  headlines
  past updates
  discussion boards
  email update

INTERCOT Other
  advertising
  sponsors
  link to us
  contact us
     

INTERCOT Ads
 

 
 

Results 1 to 16 of 16

Hybrid View

  1. #1
    Join Date
    May 2001
    Location
    Imaginoppolis, Imagination Island
    Posts
    14,530
    Post Thanks / Like

    Exclamation Walt Disney Co.'s $3.75 billion Shanghai Theme Park


  2. #2
    Join Date
    Nov 2000
    Location
    NJ
    Posts
    4,167
    Post Thanks / Like

    Default

    Hopefully Disney is not putting much, or any, money into this and just licensing out their brand.
    Jeff

  3. #3
    Join Date
    Dec 2001
    Location
    Virginia
    Posts
    42,477
    Post Thanks / Like

    Default

    There goes my goal to visit all the Disney parks worldwide.

  4. #4
    Join Date
    Aug 2003
    Location
    Modesto, CA
    Posts
    3,497
    Post Thanks / Like

    Default

    Why put one in China? There's one in Hong Kong and China already "owns" that country.
    My name is Gator. You killed my Sorcerer's Hat. Prepare to die.

    DL 2-17,8-17, 11-17; DL 2016; DL 11-2015; DL-DL-Hotel 2-2015; DL 2014; DL-Paradise Pier 2013; POFQ Dec 2012; CSR - Jan 2011; AKL-Kidani - Jan 2010; A.S.Mov - Dec 2008; CSR - Dec 2006; DL Feb 2006; CBR - Feb 2004; POR - Jun 2002

  5. #5
    Join Date
    May 2001
    Location
    Imaginoppolis, Imagination Island
    Posts
    14,530
    Post Thanks / Like

    Arrow

    Quote Originally Posted by Gator
    Why put one in China? There's one in Hong Kong and China already "owns" that country.
    It is perceived as inconvenient (or otherwise undesirable) for the large, wealthy mainland China population centers to travel to the Hong Kong park.

    Since opening, only 40% of Hong Kong Disneyland Guests were estimated to be from mainland China.

    The expectation is that building a new park closer to a wealthy population source will attract new mainland China Guests and increase the frequency of the mainland China Guests who were already visiting the Hong Kong park.

    Pundits have brought-up the question of market saturation, but Disney and the Chinese government have both insisted that the addition of the second Chinese resort will lead to an overall increase in Disney park attendance. How? This hasn't been made exactly clear, but it is postulated that the those with the means to visit both resorts will be compelled by product differentiation to do so and those who would have otherwise visited no park will now be compelled to visit the much closer Shanghai park.
    Figment! aka Jason ºoº
    INTERCOT STAFF
    News, Rumours & Imagineering
    Dining
    Vacations Beyond Disney

    ~It’s what us storytellers do; we restore order with imagination, we instill hope again and again~

    ~We keep moving forward, opening up new doors and doing new things~

  6. #6
    Join Date
    Aug 1999
    Location
    California
    Posts
    12,252
    Post Thanks / Like

    Default

    Quote Originally Posted by Melanie View Post
    There goes my goal to visit all the Disney parks worldwide.
    Just out of curiosity, why?
    Natalie
    INTERCOT Staff: Disneyland Resort-California, The Water Cooler

  7. #7
    Join Date
    Jul 2009
    Location
    Central Florida
    Posts
    1,517
    Post Thanks / Like

    Default

    If they have a large wealthy population of people who don't want to visit Hong Kong; they could always take a road trip and visit WDW in Florida.
    1980 Disneyland
    2004 & 2006 Pop
    2008 AKL
    2010 CBR
    2011 POFQ & WL
    2012 CSR & Contemporary
    2013 Villas @ WL Christmas Family Trip
    2014 YC 25th Anniversary Trip
    2015 AoA Spring Family Trip
    2016 Move to Florida and AP Holder

  8. #8
    Join Date
    Dec 2001
    Location
    Virginia
    Posts
    42,477
    Post Thanks / Like

    Default

    Quote Originally Posted by BrerGnat View Post
    Just out of curiosity, why?
    Because I don't ever see myself traveling to Asia again. Maybe, but it's a long shot.

  9. #9
    Join Date
    Aug 1999
    Location
    California
    Posts
    12,252
    Post Thanks / Like

    Default

    Quote Originally Posted by Melanie View Post
    Because I don't ever see myself traveling to Asia again. Maybe, but it's a long shot.
    Oh, okay. So, have you been to the Hong Kong park then?
    Natalie
    INTERCOT Staff: Disneyland Resort-California, The Water Cooler

  10. #10
    Join Date
    May 2001
    Location
    Imaginoppolis, Imagination Island
    Posts
    14,530
    Post Thanks / Like

    Exclamation Walt Disney Co.'s $3.75 billion Shanghai Theme Park

    Disney signs agreement for Shanghai theme park




    By Melanie Lee
    Reuters
    November 5, 2010



    SHANGHAI--The deal was reached with Shanghai Shendi Group, which was specifically created for the development of the Disneyland project, the official Xinhua news agency said on Friday.

    Disney confirmed the Xinhua statement and said it was still awaiting final approval from China's central government regarding the incorporation of the related joint venture companies and the completion of regulatory procedures.

    "For quite some time, we have been involved in discussions with the Shanghai government about building a Disney theme park. We can confirm the statement from the Shanghai government that we have taken another step forward in the approval process," a Disney spokeswoman said in an emailed statement to Reuters.

    Shanghai's Disneyland is expected to cover around 4 sq km and cost about 25 billion yuan ($3.75 billion), Xinhua said. Disney itself gave no further details.

    It was not clear what the ownership structure of the park would be like, but state media reported last year that an investment company controlled by the Shanghai municipal government would own a majority stake in the park.

    Disney received approval to build a Disney theme park in Shanghai a year ago, but discussions about the specifics have been ongoing and few details have been released publicly.

    Disney has long sought to build in Shanghai, a wealthy city of about 20 million people that is ringed by the prosperous Yangtze River Delta, home to tens of millions more potential visitors.

    It was less enthusiastic about building near Beijing, which has fewer large population centers in the immediate vicinity.

    Disney's foray into the China market has been mixed so far, with its Hong Kong Disneyland park reporting a loss last year.

    Additional reporting by Sally Huang in Beijing
    Figment! aka Jason ºoº
    INTERCOT STAFF
    News, Rumours & Imagineering
    Dining
    Vacations Beyond Disney

    ~It’s what us storytellers do; we restore order with imagination, we instill hope again and again~

    ~We keep moving forward, opening up new doors and doing new things~

Share This Thread On Social Media:

Share This Thread On Social Media:

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

 
Company
Advertising
Guest Relations
Community
Discussion Boards
Podcast
Newsletter
Shop
Social
Facebook
Twitter
Instagram
YouTube
Pinterest
Subscribe to our Newsletter
Enter your email address below to receive our newsletter:
INTERCOT Logo PRIVACY STATEMENT / DISCLAIMER | DISCUSSION BOARD RULES
© Since 1997 INTERCOT - a Levelbest Communications Website. This is not an official Disney website.
> Levelbest Network Site