Businessweek

t spectacular, Disney Dreams!. Walt Disney Studios Park — Walt Disney Studios Park is opened adjacent to Disneyland Park. The park takes guests into the worlds of cinema, animation, and television and includes four principal themed areas: Backlot, Front Lot, Production Courtyard, and Toon Studios. These areas each include themed rides, attractions, shows, restaurants, merchandise shops, and refreshment stands. In 2012, Euro Disney S.C.A announced a multi-year expansion of Walt Disney Studios Park. Hotels and Other Facilities — Disneyland Paris operates 7 resort hotels, with a total of approximately 5,800 rooms and 250,000 square feet of conference meeting space. In addition, various on-site hotels that are owned and operated by third parties provide approximately 2,400 rooms. Disneyland Paris also includes Disney Village, a retail, dining and entertainment complex of approximately 500,000 square feet, located between the theme parks and the hotels. A number of the Disney Village facilities are operated by third parties that pay rent to a subsidiary of Euro Disney S.C.A. Val d’Europe is a planned community that is being developed near Disneyland Paris. The completed phases of the development include a town center, which consists of a shopping center; a 150-room hotel; office, commercial, and residential space; and a regional train station. Third parties operate these developments on land leased or purchased from Euro Disney S.C.A. and its subsidiaries. Hong Kong Disneyland Resort The company owns a 48% interest in Hong Kong Disneyland Resort through Hongkong International Theme Parks Limited, an entity in which the Government of the Hong Kong Special Administrative Region (HKSAR) owns a 52% majority interest. A separate Hong Kong subsidiary of the company is responsible for managing Hong Kong Disneyland Resort. Located on 311 acres on Lantau Island, the resort is in close proximity to the Hong Kong International Airport. Hong Kong Disneyland Resort includes one theme park and two themed hotels. Hong Kong Disneyland – Hong Kong Disneyland consists of the following themed lands and areas: Adventureland, Fantasyland, Grizzly Gulch, Main Street USA, Tomorrowland, and Toy Story Land. These areas feature themed rides and attractions, shows, restaurants, merchandise shops, and refreshment stands. Additionally, there are daily parades and a nighttime fireworks extravaganza. Hotels – Hong Kong Disneyland Resort includes 2 themed hotels with a total of 1,000 rooms. Shanghai Disney Resort In 2011, the company and Shanghai Shendi (Group) Co., Ltd (Shendi) announced that the Chinese central government in Beijing had approved an agreement to build and operate a Disney resort (Shanghai Disney Resort) in the Pudong district of Shanghai. The Shanghai Disney Resort would be located on approximately 1,000 acres, with additional room to expand in the future, and would include the Shanghai Disneyland theme park; 2 themed hotels with a total of 1,220 rooms; a retail, dining and entertainment complex; and an outdoor recreational area. Tokyo Disney Resort Tokyo Disney Resort is located on approximately 494 acres of land, 6 miles east of downtown Tokyo, Japan. The resort includes two theme parks (Tokyo Disneyland and Tokyo DisneySea); three Disney-branded hotels; six independently operated hotels; and a retail, dining and entertainment complex. Tokyo Disneyland — Tokyo Disneyland consists of seven principal themed areas: Adventureland, Critter Country, Fantasyland, Tomorrowland, Toontown, Westernland, and World Bazaar. Tokyo DisneySea — Tokyo DisneySea, adjacent to Tokyo Disneyland, is divided into seven ‘ports of call’, including American Waterfront, Arabian Coast, Lost River Delta, Mediterranean Harbor, Mermaid Lagoon, Mysterious Island, and Port Discovery. Hotels and Other Resort Facilities - The resort includes 3 Disney-branded hotels with a total of approximately 1,700 rooms. The resort also includes the Disney Resort Line monorail, which links theme parks and resort hotels with Ikspiari, a retail, dining, and entertainment complex, and Bon Voyage, a Disney-themed merchandise location. The compa