Walt Disney Company Spending Over $5 Billion On Shanghai Theme Park
Wow! The Walt Disney Company has just raised its investment in its Shanghai resort to $5.44 billion. The spike in cash will help to add attractions that will increase the capacity of the park when it is open.
According to Disney’s CEO Robert Iger it is believed that tourism in China will rise in the coming years, and Disney wanted to make sure they had space at the park for guests.
The new Shanghai Disney Resort will have two hotels on site and will include 1,000 acres of space for guests.
The opening date of the park is set to be next year.