Euro Disney Thinking Big for the 20th Anniversary?
From The Guardian
Euro Disney, which runs the Disneyland Paris and Walt Disney Studio theme parks, is requesting additional funding from investors before the resort celebrates its 20th anniversary next year.
However, dipping attendance and mounting debt could make investors wary of allocating additional funds.
While Disney is enjoying major success in Asia (ground broke at a new park in Shanghai last week), Disneyland Paris is struggling to attract European families dealing with economic recovery.
The economic setbacks have hampered Euro Disney’s attempts to add a third park inside the resort to boost attendance.
While an original agreement with the French government allowed for a third park to be constructed until 2017, that timeframe was recently extended until 2030.
What is your opinion? Is the 20th anniversary a good reason for Disneyland Paris to add more debt to their financial situation?