Hong Kong Disneyland recently said it is rolling in the profits for a second straight year. They have plans to build a third hotel to help deal with the growing number of visitors. The new resort/hotel will add 750 rooms and is expected to open in early 2017.
Hong Kong Disneyland has more than doubled its profit to $31 million (U.S. Dollars) last year.
The park has been struggling since it opened in 2005. The low numbers were blamed on the parks small size. That all changed in 2012 when they added some new attractions.
“Expansion plans are in place to sustain the momentum of growth and capture increasing demand especially in the light of growing tourism in the region,” said Andrew Kam, the park’s managing director.
The Walt Disney Co does not own all of the park. The Hong Kong government owns 52 percent of the park, and the Walt Disney Co. owns the rest. It’s the smallest of the Disney’s parks, but a recently completed expansion project added 25% to its size.
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