MARNE-LA-VALLÉE — The Walt Disney Company announced a $2.5 billion investment in Disneyland Paris. The resort inaugurated an expansion in March as part of the investment project. A land themed to the movie Frozen is part of the $2.5 billion investment project at the resort. Chief Executive Josh D'Amaro and French President Emmanuel Macron attended the opening event. Disney Adventure World launched the expansion in March at the resort location. The event marked the official opening. The investment project includes the expansion.
Disneyland Paris is located in Marne-la-Vallée. The resort property covers 5,510 acres. The resort operates two theme parks. The theme parks are named Disneyland and Disney Adventure World. Disneyland Paris opened in 1992. The resort attracts approximately 16 million visitors annually.
The Walt Disney Company wholly owns the resort. Euro Disney Associés (EDA) operates the resort. EDA reported a net income of $304.2 million for the fiscal year. The report included net income for the fiscal year.
The resort's revenue reached $4 billion. The $4 billion revenue figure exceeded revenue from other Disney resorts outside the U.S. The implementation of dynamic pricing contributed to the revenue increase. Revenue increase was contributed to by pricing.
Disney has invested a total of $6.8 billion in Euro Disney. The unrecouped investment deficit stands at $4.2 billion. Management fees and royalties paid by Euro Disney to Disney total $2.4 billion. The fees and royalties total $2.4 billion.
No independent assessment was available for this report.