Euro Disneyland Mickey Mouse is moving to Paris !!! Disney’s assets • • • • Name Culture Movies Theme parks Disney’s characters in a real world • 1955 – creating the first Disneyland in Anaheim, California • 1987 – DisneyWorld in Orlando, Florida Mickey overseas! • April 15, 1983 – opening day of Disneyland in Tokyo (13 200 visitors) • One-day attendance record • Japanese Mikki Mausu takes the country by storm! Time for Europe Where to build it? • Spain • Italy • Great Britain • France Why France? • The best infrastructure • Greater amount of inhabitants • 20 miles away from one of the world’s tourism capitals - Paris Euro Disneyland • 1988 – the beginning of the investement in Marne- la- Vallee • Total cost of of the project: 4,5 billion USD • The area of the park covered about one fifth of Paris Expectations • 11 million visitors annually • 500.000 visitors on the opening day • 55.000 visitors per day in the following months Close distance for many Europeans Population in million 17 Getting to EuroDisneyland 2 hours by car 41 4 hours by car 109 6 hours by car 310 2 hours by plane EuroDisneyland’s Grand Opening • On April 12th 1992 fourth Disneyland was officially opened • Newspaper comments: „Mikey- it’s madness!!!” “Cultural Chernobyl“ • Did not become the gold mine like presumed Income(in FFR) Profit/ (Loss) September 93 1.8 billion September 92 3.1 billion (1.1 billion) (0.7 billion) • First director: American, but he was not accepted • 1993: Philippe Bourguignon from France took his job Problems and Mistakes • Divided in Adventureland, Dicoveryland, Fantasyland, Main Street USA • Strict rules conerning workers‘ dress for men and women • Other problems occurred 1) Situation of the park 2) Wrong research of demographic and sociological factors leaded to wrong assumption was not confirmed in reality • Incorrect measurement of parking spaces • Wrong American research about European meal habits • Different expectations about crowded visitors days • Wrong assumptions about the composition of the visitors and amount of spendings (time and money) in EuroDisneyland Problems (1) • Alcohol drinks (do not allow to drink and sell) • European alcohol drinks during their meal • Transportation connect with hotels and park (not necessary for Europeanwalk) Problems (2) • Estimate 33 USD on beverages and souvenirs (but 12% lower) • Price of ticket high (around 43 USD) 33% more than in Florida • Bankrupt and financial difficulties (influence banks and its backers) Solutions (1) • Change the name (remove the poor reputation, more romantic) • Accept alcohol drinks (in 1993 May) • Laid off employees (reduce the cost) Solutions (2) • Discount package (after 5:00 p.m. or use hotels not in the season) • Marketing strategy (attractive scenic spot in a journey) Solutions (3) • Price of tickets (lower) Prices for tickets to the Disneyland Paris in 2003: Price 1 day ticket 3 days ticket From April to November 2003 Adults Children 3 – 12 years 39€ 107€ 29€ 80€ A new Disneyland in Hong Kong: • Disney set-up in China since September 12th 2005 • Smallest Disneyland’s park comparing the atractions with the other Park of disney Disneyland in Hong Kong: • A replica of the original theme park in California BUT with a chinese flavour: chinese food in the restaurants, Mickey&friends wearing traditional Chinese outfits • The park employ 5.000 workers • The US$ 3.5 billion park: A joint venture betwen Disney&the Chinese governement. • Why Hong kong?: -beautiful city -richest city in China VALUATIONS: • The government hopes to earn $19 billion over the 40 next years. • Hong Kong Disney is a key tourism infrastructure will bring economic benefits to the city. CRITICISMS: • • • • Complains from visitors Protests from environmental groups. The Chinese government taking high risks. A problem of capacity Thank you for your attention!