Location | Marne-la-Vallée, France |
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Coordinates | 48°52′7.39″N 2°46′54.48″E / 48.8687194°N 2.7818000°ECoordinates: 48°52′7.39″N 2°46′54.48″E / 48.8687194°N 2.7818000°E |
Opened | 12 April 1992 |
Visitors per annum | 13.4 million (2016) |
Area | 19.425 km2 (4,800 acres) |
Website | www.disneylandparis.com/en-us/ |
Disneyland Paris, originally Euro Disney Resort, is an entertainment resort in Marne-la-Vallée, a new town located 32 km (20 mi) east of the centre of Paris, and is the most visited theme park in all of Europe. It is owned and operated by The Walt Disney Company and is the only resort outside the United States to be. The resort covers 4,800 acres (19 km2) and encompasses two theme parks, many resort hotels, a shopping, dining, and entertainment complex, and a golf course, in addition to several additional recreational and entertainment venues. Disneyland Park is the original theme park of the complex, opening with the resort on 12 April 1992. A second theme park, Walt Disney Studios Park, opened in 2002. The resort is the second Disney park to open outside the United States following the opening of the Tokyo Disney Resort in 1983.
Until June 2017, Disney only held a majority stake in the resort, when they bought the remaining shares. In 2017 The Walt Disney Company offered an informal takeover of Euro Disney S.C.A., buying 9% of the company from Kingdom Holding and an open offer of 2 Euro per share for the remaining stock. This brought The Walt Disney Company's total ownership to 85.7%. The Walt Disney company will also invest an additional 1.5 Billion Euro to strengthen the company.
Following the success of Disneyland in California and Walt Disney World in Florida, plans to build a similar theme park in Europe emerged in 1972. Under the leadership of E. Cardon Walker, Tokyo Disneyland opened in 1983 in Japan with instant success, forming a catalyst for international expansion. In late 1984 the heads of Disney's theme park division, Dick Nunis and Jim Cora, presented a list of approximately 1,200 possible European locations for the park. By March 1985, the number of possible locations for the park had been reduced to four; two in France and two in Spain. Both nations saw the potential economic advantages of a Disney theme park and offered competing financing deals to Disney.