Latest news with #HongKongDisneyland
Nikkei Asia
27-04-2025
- Business
- Nikkei Asia
Small world? Hong Kong Disneyland dusts off expansion plan
HONG KONG -- Hong Kong Disneyland is set for a long-dreamed about upgrade as it tries to keep a rebound going with new attractions aimed at Southeast Asian tourists. The park is set to break ground this year on new attractions while pursuing talks to acquire adjacent government-owned land.
South China Morning Post
01-04-2025
- Entertainment
- South China Morning Post
Hong Kong Disneyland to give away 200,000 tickets to charities, NGOs
Hong Kong Disneyland Resort will give away 200,000 tickets to charities and NGOs as part of celebrations for its 20th anniversary this year. Advertisement The theme park said on Tuesday that the promotion, which involved giving away double the average 100,000 tickets it handed out every year, would allow recipients to visit once between July 1 this year and June 30, 2026. Registered NGOs and charitable organisations are invited to submit their applications on the theme park's official website up to April 30. In January, the theme park and the Li Ka Shing Foundation gave away 4,200 tickets to domestic helpers, who also received a transport allowance of HK$80 on their Octopus cards and meals valued at HK$365. Hong Kong Disneyland also announced it would host a pre-party event for its 20th anniversary celebrations on April 17, with over 550 guests attending, including Disney fans, media representatives and content creators from key markets such as mainland China, Taiwan, Japan and Singapore. Advertisement Celebrations will kick off in June and feature a new castle stage show with its largest-ever parade.
South China Morning Post
01-03-2025
- Business
- South China Morning Post
What Hong Kong tourism can learn from Disneyland's magical turnaround
It's not often that a business turnaround stuns the public, but the recent announcement from Hong Kong Disneyland Resort is nothing short of extraordinary. After nearly a decade of losses, the theme park has reported a record net profit and all-time high visitor numbers. Advertisement How did it turn its fortunes around? What seems magical was a carefully crafted strategy of investing in Disney's intellectual property (IP) – such as with the launch of World of Frozen – and a bold move towards higher pricing. This formula not only boosted attendance but enhanced revenue – showing that in the current climate, it is high-end tourism, not budget travel, that holds the key to success. For its last financial year, Hong Kong Disneyland posted a record revenue of HK$8.8 billion (US$1.13 billion), a surge of 54 per cent year on year. Its net profit of HK$838 million was an astonishing turnaround from the previous year's net loss of HK$356 million. More visited and spent more at the park – there were a record-breaking 7.7 million visitors, up 21 per cent, while per capita spending grew by 28 per cent. The hotel utilisation rate climbed from 77 per cent to 88 per cent. This success is extraordinary considering the park's financial struggles since opening in 2005. As legislator Michael Tien Puk-sun noted, aside from the latest results, Hong Kong Disneyland had made a profit for only three years in its nearly two decades. In the previous nine years, from 2015 to 2023, accumulated losses exceeded HK$8 billion. For a long time, Disneyland was seen as a financial black hole. Advertisement So what changed? According to management, one key driver was the strong rebound in visitors. Mainland visitors now made up 38 per cent of the total, from 24 per cent, while overseas visitors doubled to 22 per cent. In contrast, local visitors fell from 65 per cent to 40 per cent.
South China Morning Post
28-01-2025
- South China Morning Post
Body found near Hong Kong Disneyland belongs to mainland Chinese man
Published: 4:16pm, 28 Jan 2025 Updated: 4:16pm, 28 Jan 2025 A burnt body found at an artificial lake managed by Hong Kong Disneyland is believed to belong to a 31-year-old mainland Chinese man, with police investigating the case as a possible suicide. The force also said on Tuesday, two days after the discovery, that a lighter was found near the body at the Inspiration Lake Recreation Centre at Penny's Bay on Lantau Island. Police said the body had 'obvious burn marks'. 'Personnel have conducted in-depth investigations, reviewed CCTV footage in various areas and questioned businesses and shops. We have preliminarily identified the deceased as a 31-year-old man from the mainland,' the force said. 'Police are currently investigating the case as a suicide and are actively contacting the deceased's relatives and friends to gather more details.' The force said the man travelled to the city on Tuesday last week using a two-way exit permit, a document issued by mainland authorities to allow residents to enter the city as a visitor.
