Latest in hong kong disneyland

Walt Disney chief financial officer Christine McCarthy said Wednesday that the company could record a $350 million squeeze on operating income in the current quarter – its fiscal third — from its Hong Kong and Shanghai theme parks, tempering a bit the parks division's upbeat narrative. Hong Kong Disneyland has…

The local government in Hong Kong is putting in place stricter Covid measures, including closing all theme parks and restricting flights, due to fears over a fresh outbreak of the virus. As a result, Disney is shuttering its Hong Kong Disneyland park from January 7 to January 20, according to Reuters. The move means…

Walt Disney announced Wednesday its Hong Kong park will reopen to guests this Friday, Feb. 19. It had been closed since Dec. 2. The reopening will be the company's third since a global pandemic hit in March and surged several times. Hopefully, as the vaccine takes hold internationally, it will be the last. The park…

Disney CEO Bob Chapek anticipates Disneyland and other parks in 2022 may be mask free and without onerous social distancing for a Covid free, vaccinated populace. Theme parks have been hardest hit among Disney’s businesses. At a conference call to talk over the media giant’s latest earnings, execs said flagship…

Hong Kong Disneyland is shutting its doors for a third time because of the coronavirus pandemic, after the Hong Kong government instituted new restrictions region-wide amid a wave of new infections. “As required by the government and in line with preventive efforts taking place across Hong Kong, Hong Kong Disneyland…

Walt Disney Wednesday named company veteran Jill Estorino president and managing director of Disney Parks, Experiences and Products International, effective immediately. Estorino has been been at Disney for 29 years, most recently as Executive Vice President, Global Marketing and Sales, and will now overseeing parks…

Stocks, which had surged more than 500 points earlier in the day Monday in a solid rally, reversed course suddenly and late in the session on dishearteninng news that California was reinstating a lockdown as COVID-19 cases continued to rise in the state. The Dow Jones Industrial Average had been up 564 points as…

Hong Kong Disneyland, which reopened June 18, is closing again temporarily due to the resurgence of COVID-19. Hong Kong cinemas also will be forced to close again starting Wednesday after a spike in local cases of the coronavirus led authorities to re-implement tighter lockdown measures. The government will close 12…

Hong Kong Disneyland is set to reopen its gates on June 18. Stephanie Young, Managing Director, Hong Kong Disneyland, made the announcement Sunday. “We are proud to be part of the Hong Kong community, which has worked hard and shown fortitude in how it has handled the pandemic,” said Young in a statement. “As we…

Disney anticipates a combined $175-million dollar hit from two theme parks in Asia due to the recent coronavirus outbreak if they remain closed for two months. That includes a $135-million squeeze on operating income at Shanghai Disneyland and $40 million from Hong Kong Disneyland. Both are temporarily shuttered due…