Hong Kong Disneyland Resort

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Hong Kong Disneyland Resort
Native name
 Chinese :香港迪士尼樂園度假區
Industry Amusement parks and resorts
Founded12 September 2005;18 years ago (2005-09-12)
HeadquartersPenny’s Bay, Lantau Island, Hong Kong
Key people
Michael Moriarty (managing director)
Owner Hong Kong International Theme Parks
(Disney Experiences)
Website Official website
Hong Kong Disneyland Resort
Traditional Chinese 香港迪士尼樂園度假區
Simplified Chinese 香港迪士尼乐园度假区

The Hong Kong Disneyland Resort is a resort built and owned by Hong Kong International Theme Parks Limited, a joint venture of the Government of Hong Kong and The Walt Disney Company in Hong Kong on reclaimed land beside Penny's Bay, [1] at the northeastern tip of Lantau Island, approximately two kilometres (1.2 mi) from Discovery Bay. It is the second Disney Resort in Asia and the first Disney Resort in China. [2] Officially opened on 12 September 2005, the resort contains the Hong Kong Disneyland theme park, the Hong Kong Disneyland Hotel, Disney's Hollywood Hotel, Disney Explorers Lodge and several retail, dining and entertainment facilities covering 1.3 square kilometres (320 acres) of the island.

Contents

The Hong Kong Disneyland Resort is the second Disney park extension into Asia after the opening of the Tokyo Disney Resort more than 20 years earlier. [1] Currently, the Resort is overseen by Managing Director Michael Moriarty who reports to Jill Estorino, President and Managing Director, Disney Parks International.

History and development

Concept and Background

In 1998, a Hong Kong theme park was proposed by Walt Disney Parks and Resorts. The designs made it the smallest of the Disney parks. The Legislative Council of Hong Kong gave approval in 1999 for funding the construction [1] at a former shipyard. [3]

A joint-venture company, Hong Kong International Theme Parks Limited (HKITP), was created in 1999 with Disney investing US$316 million for a 43% equity stake in the project. The Phase One build-out included a projected 10 million annual visitor Disneyland-style theme park, 2,100 hotel rooms, and an area for retail, dining and entertainment. The project was estimated to create 18,000 jobs at opening (both Disney and other employment) and up to 36,000 jobs over the following 20 years.[ citation needed ] The Hong Kong Government estimated that the first phase of the project will generate a present economic value of HK$148 billion (US$19 billion), or about 6% of gross domestic product (GDP) in benefits to Hong Kong over 40 years of operation. [1]

In 2000, Disney announced a second Chinese theme park resort in mainland China. Tourism workers associations and lawmakers want Disney to drop the mainland project to protect this and general tourism in Hong Kong. Disney promised not to open such a park for eight years. [1] Government Secretary for Economic Service Stephan Ip Shu-kwan and Walt Disney Attractions Chairman Judson Green signed the master project agreement in November 2000. [3]

The government began dredging for the park resort in July 2000. Fish around Ma Wan died as a result of land reclamation. [4]

Construction

Hong Kong Disneyland Resort under construction (October 2004) Disneyland Site from the air.jpg
Hong Kong Disneyland Resort under construction (October 2004)
Hong Kong Disneyland Resort in June 2011 Hong Kong Disneyland Resort Overview1 201106.jpg
Hong Kong Disneyland Resort in June 2011

Reclamation of land started in 2000. [5] The SARS outbreak of 2003 did slow but not stop building and saved HK$1 billion as construction cost dropped. [1] Inspiration Lake, an artificial lake of some 12 hectares, was also created to serve the resort's water irrigation needs.

In an effort to avoid cultural friction similar to what happened when Euro Disney Resort opened in France, Disney has taken efforts to make this new park reflect the local culture. Feng shui consultants have helped with the layout of the park and the grounds. [6] Incense was burned when the construction of each building was completed, and one of the main ballrooms is 888 square meters in size, as eight is an auspicious number in Chinese culture, signifying fortune. The hotels will skip the number four when numbering of their floors because four is considered bad luck. Hong Kong Disneyland Cast Members speak English, Cantonese, and Mandarin. Around 500 of the Grand Opening Team were trained at Walt Disney World Resort while their home park was being constructed.

Disney originally planned to serve shark fin soup, a traditional Chinese delicacy, at wedding banquets. [7] Animal rights groups protested in June 2005, citing the declining shark population in global waters and the cruel methods sometimes used of cutting the fin and discarding the live sharks back into the water.

At first, Disney removed shark fin soup from its menu but said that it would still offer the soup if their clients insisted on having it served at their wedding. They said they would distribute leaflets about shark conservation to discourage the choice. [8]

However, after constant and continuous pressure from environmental groups and schoolchildren, [9] shareholders concerned about the company's image, Disney announced on 24 June 2005 that shark fin soup will not be served at all, because, according to their press release, "After careful consideration and a thorough review process, we were not able to identify an environmentally sustainable fishing source, leaving us no alternative except to remove shark's fin soup from our wedding banquet menu." [10]

Health inspectors were asked to remove their caps and badges when coming to inspect the facility after several reports of food poisoning. Although two of the officers did so, the department took offence. [11]

Opening Day

Park Promenade Xiang Gang Di Shi Ni Le Yuan (20).JPG
Park Promenade
Park Promenade Fountain Disneyland Resort Fountain on Park Promenade (Hong Kong).jpg
Park Promenade Fountain

On 12 September 2005, Hong Kong Disneyland Resort and its theme park, Hong Kong Disneyland, officially grand opening ceremonies [1] by the chief executive officer of the Walt Disney Company Michael Eisner, President and chief operating officer of the Walt Disney Company Bob Iger, Vice-President of the People's Republic of China Zeng Qinghong, and Chief Executive of Hong Kong Donald Tsang at 13:00 HKT.

The park was projected to attract five to six million visitors in its opening year, mostly locals, tourists from mainland China and nearby Asian countries. Initially, the resort gained success during rehearsal stages; however, not long after the park officially opened, many locals criticised the size of the park and the attractiveness of the rides and attractions in the park.

From 23–29 July 2006, Hong Kong Disneyland Resort hosted the 2006 Little League Baseball Asia-Pacific Region Tournament. The resort constructed two seaview stadiums and baseball pitches between its Disney Resort hotels for the tournament. The event attracted approximately 2,000 fans. [12]

To boost park attendance, Hong Kong Disneyland introduced Summer Passes in summer 2006 to attract more visitors. Each Summer passholder could visit the park without limits throughout summer 2006 for HK$450. The park also provided exclusive treats for the Summer Passholder in the summer holidays to encourage them to visit the park several times, such as extending the operating hours of Fantasyland for passholders and releasing limited pins for passholders to purchase. Apart from these, the park offered free tickets to the friends and family members of the cast members. Each cast member can invite a limited number of friends and family members to visit Disneyland every day during the summer. Although the park had sold more than 60,000 Summer Passes throughout summer 2006, the park missed its target of 5.6 million in its first year, with only about 5.2 million guests entering the park during the first year of operation. The government overestimated Hong Kong Disneyland's attendance numbers during the Asian Financial Crisis. [13] Rumour suggested that the relatively low-key celebration of the 1st Anniversary was due to the disappointing performance of the theme park. [14]

The Hong Kong park's attendance continued to be disappointing according to the Walt Disney Company's third-quarter performance released in August 2007. [15] In addition, the South China Morning Post estimated the attendance of Hong Kong Disneyland will reach 4 million in its second year, far lower than its first year of operation, citing unnamed sources. The SCMP's sources are still unknown, and some of its speculation is a bit overly optimistic[ according to whom? ]. [16] In December 2007, the Disney park admitted that the park had only attracted 4 million visitors in the year 2006–2007, which had fallen 23 percent when compared to the first year attendance. [17] [18]

A new shopping district called Downtown Disney, as well as the third hotel, are taken into discussions. For long-term construction, with the reclaimed land reserved for the Phase Two Extension and the Disneyland park being blocked by the Park Promenade, a pedestrian walkway which links the Disneyland Resort station, Disneyland park, Hong Kong Disneyland Hotel, and Disneyland Resort Pier. It is expected that a second Disney theme park will be built on that site. A Phase Three Extension is also being considered by the Walt Disney Company and the Hong Kong Government.

On 10 January 2012, The Standard reported that Hong Kong Disneyland plans to build 4 more hotels. Disneyland's proposal includes building one large hotel and three smaller vacation-style hotels to be connected by a mini-tram system. [19] In June 2012, the Hong Kong Economic Times reports that the Government of Hong Kong is hoping to start discussion with Hong Kong Disneyland about building a second Disney theme park for the resort. [20]

On 6 January 2015, the third hotel broke ground. It was known as Disney Explorers Lodge, financed jointly by The Walt Disney Company (HK$1.7 billion), Hong Kong Government (HK$1.7 billion) and Hong Kong Disneyland (HK$600 million) itself, the hotel opened on 30 April 2017 and has 250 rooms. [21] Later that month, the Hong Kong government announced it would talk with Disney about building a second park as part of Phase II of the resort. It is rumored that Phase II will also include the construction of more hotels. On 1 February, it was reported the second park was hoped to be completed by 2020. [22]

In February 2016, Disney announced that the resort reported its first loss in four years, losing HK$ 148,000,000, and falling 9.3% in annual attendance, to 6.8 million visitors. Analysts attributed this to fewer mainland Chinese tourists visit, hurt by a combination of China's slowdown, political unrest, and a weak yuan relative to the Hong Kong dollar, as well as the upcoming opening of the Shanghai Disney Resort. [23]

On 2 May 2017, The Walt Disney Company's proposal to invest HK$5.45 billion alongside the Hong Kong Government was passed by the finance committee of the Legislative Council, after a total of more than 20 hours of debate in the Legislative Council since March. [24]

In September 2020, the Hong Kong Government announced that they will not purchase the adjacent expansion site for a second park as Hong Kong Disneyland is unable to commit to using the site in the near future. [25]

The Complex

The complex is partially in Tsuen Wan District and partially in Islands District. [26] [27]

It includes:

Inspiration Lake HK Disneyland Inspiration Lake Hu Xin Liang Ting Pavillion background.JPG
Inspiration Lake

Hotels

Hong Kong Disneyland Hotel Hong Kong Disneyland Hotel 002.jpg
Hong Kong Disneyland Hotel

There are three hotels in the Resort, located on the seashore of the reclaimed land and facing the South China sea, with about 1,750 rooms in total. [28] There is also land reserved for a fourth Disney hotel, which will be located between Hong Kong Disneyland Hotel and Disney Explorers Lodge.

Transport

Disneyland Resort Pier Disneyland Resort Pier (Hong Kong).jpg
Disneyland Resort Pier

The Resort has the key advantage of being linked to Hong Kong's public transit system. It is accessible via train from Hong Kong International Airport and the city centre.

Inside the Resort free shuttle bus service is operated serving hotel guests.

Since December 2016, the Star Ferry offers a daily trip from Tsim Sha Tsui Star Ferry pier in Kowloon to the Disneyland Resort pier, with a journey of about 45 minutes on their newly refurbished "World Star" boat.

Hong Kong International Theme Parks

Hong Kong International Theme Parks, Limited (HKITP) is the joint venture between Government of Hong Kong and The Walt Disney Company in which they respectively own 52% and 48% currently.

At the start, the Hong Kong Government held a 57% stake, while The Walt Disney Company had 43%. But after the expansion plans were announced in 2009, when The Walt Disney Company invested HK$3.63 billion (US$465 million), Hong Kong Government's holdings were reduced to 52% while The Walt Disney Company's shares increased to 48%. [32]

Profitability

The resort operated at a loss from the time it opened in 2005 until 2012, when it first turned a profit. It was unprofitable again in 2015, running a HK$148 million loss that year. This increased to a loss of HK$171 million in 2016 and HK$345 million in 2017. [33]

See also

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References

  1. 1 2 3 4 5 6 7 SERVANDO, KRISTINE; Chu, Laurence (9 September 2015). "As Hong Kong Disneyland turns 10, a look back at park's roller-coaster history". South China Morning Post. Retrieved 16 June 2016.
  2. ↑ "Milestones | About | Hong Kong Disneyland Resort". Hong Kong Disneyland. Retrieved 28 June 2023.
  3. 1 2 Crawford, Barclay (12 September 2005). "Has the spell been broken at Mickey's magic kingdom?". South China Morning Post. Retrieved 16 June 2016.
  4. ↑ Kan, Wendy (25 December 2000). Smells a Little Fishy. Times Asia. Retrieved 5 May 2007.
  5. ↑ Xinhua (2 November 2021). "Untold story of Hong Kong Disneyland's magical bloom". China Daily. Retrieved 4 July 2023.
  6. ↑ Laura M. Holson (25 April 2005). Disney bows to feng shui. The New York Times . Retrieved 12 February 2011
  7. ↑ Yung, Chester (31 May 2005). End this 'barbaric and cruel waste' Archived 11 June 2009 at the Wayback Machine . The Standard. Retrieved 5 May 2007.
  8. ↑ Hui, Sylvia (10 June 2005). Disney takes shark's fin off menu Archived 9 January 2009 at the Wayback Machine . The Standard. Retrieved 5 May 2007.
  9. ↑ Crets & Hui (13 June 2006). New shark slap at Disney Archived 27 April 2010 at the Wayback Machine . The Standard. Retrieved 5 May 2007.
  10. ↑ Under-fire Disney takes shark's fin off menu at Hong Kong park Archived 30 November 2007 at the Wayback Machine . Monster and Critics, 24 June 2005. Retrieved 5 May 2007.
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  12. ↑ "Little League attracts big crowds". News.gov.hk. 30 July 2006.
  13. ↑ "Disney set to miss mark on visitors" Archived 17 October 2007 at the Wayback Machine , The Standard, 5 September 2006.
  14. ↑ "Disneyland finds little to celebrate on its anniversary" Archived 17 October 2007 at the Wayback Machine , The Standard, 12 September 2006.
  15. ↑ Gentile, Gary. "TV, theme parks boost Disney's profit - USATODAY.com". usatoday30.usatoday.com. Associated Press.
  16. ↑ "Attendance woes for Hong Kong Disney: report", Agence France-Presse, 16 August 2007.
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  19. ↑ Disney wishes more hotels Archived 3 June 2015 at the Wayback Machine Staff reporter. The Standard. Tuesday, 10 January 2012.
  20. ↑ 海洋公園次輪擴建-料涉30億 (Ocean Park second phase expansion to cost about HK$3 billion) Hong Kong Economic Times. Thursday, 14 June 2012.
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  26. ↑ "District Council Constituency Boundaries - Tsuen Wan District" (PDF). Electoral Affairs Commission . Retrieved 5 May 2019.
  27. ↑ "District Council Constituency Boundaries - Islands District" (PDF). Electoral Affairs Commission . Retrieved 5 May 2019.
  28. ↑ Hong Kong Disneyland Resort News Archives 2002 Archived 18 August 2007 at the Wayback Machine . Hong Kong Disneyland Resort. 21 November 2002. Retrieved 31 July 2007.
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  32. ↑ "Disney, Hong Kong govt agree to park expansion" (30 June 2009) Channel News Asia
  33. ↑ Cheng, Kris (20 February 2018). "Gov't-backed Hong Kong Disneyland sees net loss of HK$345 million in 2017 – third year in the red". Hong Kong Free Press.

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