Resort a dream, in more ways than one
“An international team of Disney Imagineers is working hand-in-hand with local contractors to transfer unique Disney techniques, design, rockwork and themed finishing expertise to local artisans to bring the best of Disney to the people of China. We look forward to sharing more details soon,” the company said.
As to the auxiliary facilities, the company said that the Shanghai Disney Resort is an integrated resort featuring a theme park and much more, and at the opening it will include two themed hotels — Shanghai Disney Resort Hotel and Toy Story Hotel, a large shopping, dining and entertainment area — Disneytown and the resort’s recreation facilities.
Upon its completion, the resort will become the sixth theme park of The Walt Disney Co. The other five are in Los Angeles and Orlando, Florida in the United Sates as well as in Tokyo, Paris and Hong Kong.
Attracting a total investment of 29.5 billion yuan ($4.74 billion), the Shanghai resort will also make its contribution to the local economy with the large number of visitors it receives every year. Du Changchun, a researcher at Northeast Securities Co Ltd, estimated that the resort will generate 33.6 billion yuan of profit for Shanghai every year, which would be equal to 1.6 percent of the city’s GDP in 2013.
According toXu Juanjuan, a senior analyst with Guotai Junan Securities Co Ltd, the resort can generally be compared to the Tokyo Disney Resort, which opened in 1983, based on the city’s development phase and local consumption habits