*** Welcome to piglix ***

Hong Kong Disneyland Resort

Hong Kong Disneyland Resort
Native name
Chinese: 香港迪士尼樂園度假區
Industry Amusement parks and resorts
Founded 12 September 2005; 11 years ago (2005-09-12)
Headquarters Penny’s Bay, Lantau Island, Hong Kong
Key people
Samuel Lau (managing director)
Owner Hong Kong International Theme Parks, Limited
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 Hongkong 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, at the northeastern tip of Lantau Island, approximately two kilometres from Discovery Bay. Officially opened on 12 September 2005, the resort contains the Hong Kong Disneyland theme park, the Hong Kong Disneyland Hotel, Disney's Hollywood Hotel, and several retail, dining and entertainment facilities covering 1.3 square kilometres (320 acres) of the island.

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 ago. Currently, the Resort is overseen by managing director Andrew Kam who reports to Bill Ernest, President and managing director, Disney Parks & Resorts, Asia.

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

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. 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.


...
Wikipedia

...