Walt Disney Parks and Resorts is the segment of The Walt Disney Company that conceives, builds, and manages the company's theme parks and holiday resorts, as well as a variety of additional family-oriented leisure enterprises. It is one of four major business segments of the company, the other three being Consumer Products, Media Networks, and Studio Entertainment.
The Parks and Resorts division was founded in 1971 as Walt Disney Attractions when Disney's second theme park, the Magic Kingdom at the Walt Disney World Resort in Florida, opened, joining the original Disneyland in California. The chairman of Walt Disney Parks and Resorts is Thomas O. Staggs, formerly the Senior Executive Vice President and CFO. Staggs reports to Disney CEO Robert Iger.
Disneyland was founded as a single park by Walt Disney on July 17, 1955, in Anaheim, California.
In 2001, the area was officially named the Disneyland Resort with the opening of Disney's California Adventure Park, two new resort hotels and the Downtown Disney retail, dining and entertainment district. The resort occupies 500 acres (2.0 km 2 ), listed below, and are divided into parks, shopping centers, and resorts:
Parks:
Shopping centers:
Resorts:
The Walt Disney World Resort originally opened on Oct. 1, 1971, with the Magic Kingdom and three resort hotels. Today it is the largest vacation resort and most popular tourist destination in the world, with four theme parks, two water parks, a shopping and entertainment complex, 20 resort hotels, eight golf courses, and miles of recreational activities.
Theme parks:
Water parks:
Other parks:
Shopping and entertainment complex:
Resorts:
Tokyo Disney Resort , located in Urayasu, Chiba, Japan, opened April 15, 1983. On Sept. 4, 2001, the resort expanded with Tokyo DisneySea. There are several resort hotels on site, but only three are actually owned by the resort, which boasts the largest parking structure in the world. Tokyo Disney Resort is fully owned and operated by The Oriental Land Company and is licensed by the Walt Disney Company. The resort was built by Walt Disney Imagineering, and Disney maintains a degree of control; Nick Franklin leads the Walt Disney Attractions Japan team at the Walt Disney Company, which communicates with the Oriental Land Company over all aspects of the Resort, and assigns Imagineers to the Resort. Its properties, listed below, are divided into parks, shopping centers, and resorts:
Parks:
Shopping centers:
Resorts:
Disneyland Paris , Disney's second resort complex outside the United States, opened April 12, 1992, as Euro Disney Resort . Located in Marne-la-Vallée in the suburbs of Paris, France, it features two theme parks, a golf course, an entertainment complex and six Disney resort hotels. It is maintained and managed by Euro Disney S.C.A., a company partially owned by the Walt Disney Company whose stock is traded on Euronext. Its properties sit on 4,940 acres (20.0 km 2 ), listed below, and are divided into parks, shopping centers, and resorts:
Parks:
Other parks:
Shopping centers:
Resorts:
Hong Kong Disneyland , Disney's fifth resort and its second in Asia, opened September 12, 2005. The resort is located in Penny's Bay, Lantau Island, Hong Kong. Currently, the resort consists of one theme park and two hotels, with land reserved for future expansion. It is owned and operated by Hong Kong International Theme Parks, an incorporated company jointly owned by The Walt Disney Company and the Government of Hong Kong. Hong Kong Disneyland Resort sits on 320 acres (1.3 km 2 ).
Parks:
Other parks:
Resorts:
In November 2009, Disney received approval from the central government of China to build a Disney theme park in the Pudong district of Shanghai. "China is one of the most dynamic, exciting and important countries in the world and this approval marks a very significant milestone for Walt Disney Co in mainland China," said Robert Iger, president and CEO of Disney. The resort is expected to open in 2014.
Disney Cruise Line was formed in 1995; its two ships, the Disney Magic and Disney Wonder , began operation in 1998 and 1999, respectively, and were designed in collaboration with Walt Disney Imagineering. Both ships offer three-, four- and seven-night Caribbean cruises, each with a stop at Disney's private island in the Bahamas, Castaway Cay. Two additional ships will join Disney's fleet in 2011 and 2012.
Properties:
Disney reportedly had plans to build a park named Disney's America. The park was to have been located in Haymarket, Virginia, but local opposition to
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