Disney Risks It All After Losing $1.4 Billion, Opens Shanghai Park Next Week


The COVID-19 lockdown has already cost Walt Disney Co. around $1.4 billion loss in profits. Now the company’s CEO Bob Chapek promises to open the Disneyland park in Shanghai, China, on May 11th.

The announcement was made during Chapek’s recent conference call with financial analysts, where he claimed that the company is “seeing encouraging signs of a gradual return to some sense of normalcy in China,” reports The Guardian.

However, Shanghai Disneyland will not be back in full force right away. The park will practice standard pandemic measures such as social distancing and masks for visitors and staff, along with temperature checks and contact tracing.

The park’s capacity will be limited to 30%. Guests will have get tickets for particular dates only or make advanced reservations in case if they have an annual pass. Sanitizers will be offered at every entrance and exit.

As for the “earlier detection” system, the visitors will be required to use the Shanghai Health QR code, a contact tracing tool issued by the Chinese government.


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