The Tokyo Disney Resort has released a new medium-term plan, revealing that it plans to invest heavily in new attractions over the next six years.
The resort, which recently welcomed its 500 millionth guest, says that it expects to invest around 200 billion yen between now and 2021. The majority of spending on new attractions will be complete by 2016, with the remaining money being spent on "renewals and improvements" to existing attractions.
The resort's owners, the Oriental Land Company, are pursuing aggressive expansion plans at its two theme parks, Tokyo Disneyland and Tokyo DisneySea. 2011 will see the opening of Mickey's Philharmagic, and Cinderella's Fairytale Hall at Tokyo Disneyland, along with the addition of the $22 million Jasmine's Flying Carpets and a version of the Fantasmic show at Tokyo DisneySea. This will be followed in 2012 by the opening of Toy Story Mania at Tokyo DisneySea. Further new attractions are likely to be installed in the next few years, if the company's spending plans are carried out as stated.
The Tokyo Disney Resort hopes to increase the number of "post-family" over-40 visitors at the park, and has already announced the launch of a cut-rate annual pass for guests aged 60 and older. It also hopes to increase the number of overseas visitors to its parks, including from China - potentially putting it in direct competition with the planned Shanghai Disneyland resort.
Tokyo Disneyland opened on April 15, 1983 on a patch of reclaimed land and was the first Disney theme park outside the US. It proved to be extremely popular, rapidly becoming the most popular amusement park in Japan. In addition to sister park Tokyo DisneySea, the Tokyo Disney Resort is now also home to Ikspiari (an on-site shopping complex similar to Downtown Disney at Disneyland and Walt Disney World), a permanent Cirque du Soleil show, a monorail system and three on-site, themed hotels.
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