Shanghai Disney has been closed since January 25 due to the COVID-19 crisis and today there is a bit of good news. Disney will reopen its Shanghai theme park on May 11, the company said during an earnings conference call on Tuesday.
Disney reopened Disneytown, Wishing Star Park and the Disneyland Hotel in Shanghai in March. This will be the first Disney theme park to reopen after being closed due to the coronavirus pandemic.
“In Shanghai, we took the first measured steps towards reopening in early March, with the opening of some retail, dining, and entertainment experiences at Disneytown, Wishing Star Park and the Shanghai Disneyland Hotel,” Joe Schott, President and General Manager, Shanghai Disney Resort said today in a Disney Parks Blog post.
Disney has closed its theme parks in the U.S. — Disneyland and Walt Disney World — until further notice. All of its parks and resorts worldwide, from Paris to Hong Kong to Tokyo, are currently closed.
The company’s parks, experience and products segment fell 10% in the second quarter, compared to the prior-year quarter, to $5.5 billion.