The theme park business in China saw its biggest event of the year on Thursday when the $5.5-billion Shanghai Disney Resort opened. It is Disney’s sixth park worldwide and the largest in Asia, wowing both local and foreign tourists with exotic experiences and Chinese elements.
Wanda Group will open its first outdoor entertainment complex in province of Jiangxi on Saturday. The launch of its Nanchang Wanda City looks perfectly timed by the company’s ambitious founder, billionaire Wang Jianlin, to take at least some of the thunder from its biggest potential rival.
Universal Parks & Resorts, a division of NBC Universal which owns Universal Studios Hollywood, expects to open North China’s first international theme park in Beijing by 2020.
The first in a series of jobs fairs will be held by Shanghai Disney Resort next week, in anticipation of its scheduled opening early in 2016, aimed at attracting people with tourism and service industry experience.
Frozen, the movie made a fortune for Walt Disney (DIS, quote), and yes I did watch it, and listened to a young girl sing the song…a lot.
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Welcome to Thursday’s Morning Coffee Break – As we count down the final two sessions of the week U.S. indexes are on pace for the largest weekly drop since week ending on June 1st. Will bulls be able to muster the first daily gain this week for S&P 500 and NASDAQ?
