Disney’s Iger Says Shanghai Resort Close to Breaking Even
- Resort in Shanghai greeted 11 million visitors in first year
- Potential for Disney to build a second China park, Iger says
Bob Iger, chief executive officer at Walt Disney Co., talks with Bloomberg's Tom Mackenzie about the success of the company’s Shanghai Disney resort. (Source: Bloomberg)
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Walt Disney Co.’s ambitious $5.5 billion Shanghai theme park is close to breaking even after its first full year of operations -- a mark none of its resorts have been able to hit in the last 30 years, said Chief Executive Officer Bob Iger.
“That’s an extraordinary achievement. I’m not sure we’ve ever done that,” said Iger in an interview with Bloomberg Television’s Tom Mackenzie on Friday as the Shanghai Disney Resort celebrated its first anniversary. “After the first year, I’m pleased to say that prospects are really strong for continued success and continued growth.”