Monday, February 18, 2013

Hong Kong Disneyland Turns Its First Profit

© Hong Kong Disneyland
Hong Kong Disneyland turned a profit for the first time when it finished its fiscal year this past September 29th, according to news reports.

After many years of losses, the property posted earnings of $14.1 million - which is considerably better than the previous year's $30 million loss.  Revenues reached $550 million and attendance was up 13% to a new park record of 6.7 million guests.

2012 saw the opening of a new land, Grizzly Gulch, bringing the great Wild West to Hong Kong Disneyland.

The main feature of the area is a large roller coaster named the Runaway Mine Cars that features forward and backwards track along with a launch section.

The end of 2011 saw the opening of a Toy Story themed area, nearly a duplicate of the one that opened in Paris.

Still to come, and highly anticipated, is the third mini-land that sits between Grizzly Gulch and Toy Story Land, Mystic Point.  This final area will contain a unique take on the classic Disney Haunted Mansion named Mystic Manor - filled with special effects and a totally unique storyline.

These additions have helped the park to break all previous records, proving that what everyone said from the beginning (that the park was far too small and lacking unique attractions) was true.  I'll be quite interested to see what else may come to the park after this round of expansion is done, especially if they continue to come up with themes and rides that have not been copied at other Disney parks.  Should be interesting!