FacebookTwitterPinterestEmail
Mickey Disneyland

All eyes are on the Disneyland Resort as they open their gates to California Residents only beginning April 30, 2021. And while the theme park will still be subject to capacity limits, required masks, and social distancing in queues, guests are understandably excited to get back to Disney's original theme park. However, though there is plenty to celebrate when it comes to Disneyland Resort's reopening, it looks like the total costs for the record 412-day closure of Disneyland resort are starting to be calculated, and unfortunately, the news doesn't look good. 

According to the OC Register, the closure of the Disneyland resort stands to cost the Disney company an estimated $4.3 billion in lost revenue, which is a sizable percentage of the overall  $21 billion revenue loss that Disney is projecting through 2022 due to the ongoing COVID-19 closures in the US and around the world. 

Image: Disney

Of course, these losses don't take into account the effects of pent-up demand, which could provide a boost to Disneyland the same way it has at Walt Disney World, and it will be interesting to see how Disneyland fares without the annual pass program, which was cancelled prior to reopening and is in the process of "restructuring" with a replacement announced before the end of the year. 

Though the COVID-19 Pandemic will have a lasting effect on the Walt Disney Company's financials, it is great to see the Disneyland Resort able to get back to business, despite ongoing challenges and restrictions. Will you be visiting Disneyland in the near future? 

 
FacebookTwitterPinterestEmail

Comments

An excuse to price gouge, nickel and dime everything even more I am afarid, the corporate greed within this organisation is very visible, they have no shame.

Add new comment

About Theme Park Tourist

Theme Park Tourist is one of the web’s leading sources of essential information and entertaining articles about theme parks in Orlando and beyond.

We are one of the world’s largest theme park guide sites, hosting detailed guides to more than 80 theme parks around the globe.

Find Out More About Us...

Plan Your Trip

Our theme park guides contain reviews and ratings of rides, restaurants and hotels at more than 80 theme parks worldwide.

You can even print them.

Start Planning Now...