Shanghai Disneyland: First Smash Year

More than 11 million people visited Shanghai Disneyland in its first year of operation.

Disney Chair and CEO Bob Iger was in China to celebrate the first anniversary of the Shanghai Disney Resort, which includes the Shanghai Disneyland theme park.

“The first anniversary is cause for great celebration for everyone involved in bringing this spectacular dream to life,” said Iger in a statement.

Built at a cost of $5.5 billion, as a joint venture with the Shanghai municipal government, the park was the first entertainment complex built in China by  foreign conglomerate.

A day earlier, the theme park staged special charity edition of its version of the Lion King musical.

Bob Chapek, head of Walt Disney Parks and Resorts, confirmed that. “That figure is much faster than even our most optimistic forecasts,” he said.

The park has been criticized for long waiting for rides and attractions, and for the high-cost food.

There is growing competition from other facilities being built in and around the greater Shanghai area, including Legoland, Ice World, and Polar Ocean World.

 

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