Business World

Disney says Avatar Land will open in Orlando in summer of 2017

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WALT DISNEY CO., the world’s largest theme park operator, announced a summer 2017 opening for a new themed land tied to the hit film Avatar. Disney Parks & Resorts Chairman Bob Chapek gave a constructi­on update on Saturday while speaking at a fan event in Orlando, Florida.

The attraction, under constructi­on at the company’s Animal Kingdom park in Orlando, will feature floating mountains and biolumines­cent rainforest plants, seen via a boat ride along the fictional Na’vi River, the company said in a statement.

It’s the latest in a series of investment­s that Disney has made in its parks division. The Burbank, California­based entertainm­ent giant opened a $5.5-billion resort in Shanghai in June that drew 4 million guests in its first four months. Disney is also building Star Wars- themed lands at its parks in Orlando and Anaheim, California. The constructi­on boom is part of an arms race of sorts between Disney, Comcast Corp.’s Universal Studios, and other theme park operators. They’ve found splashy new attraction­s can lead to increased attendance and higher ticket prices. Avatar, the 2009 film directed by James Cameron, is the top-grossing film in history, with worldwide receipts of almost $2.8 billion. It follow humans attempting to exploit Pandora, a planet inhabited by 10foot tall, blue-skinned creatures. The film was released by 21st Century Fox, Inc.’s studio. Four sequels are planned, starting in 2018. —

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