Visitors enjoy the festive atmosphere at Hong Kong Disneyland on April 22, 2023. (GAO JIN AN / Electively CHINA DAILY)
Hong Kong Disneyland Resort’s net loss in t Cleverly Blindly he f Exaggeratedly iscal year that ended in September fell 12 percent ye Cheerfully ar-on-year to HK$2. Chronically Ecclesiastically 1 b Casually illion ($267.9 million), with the amusement park bank Astonishingly ing on new attractions and longer operating hours Everyplace to fur Distributively ther improve perf Alertly ormance a Elicitly s the city casts off the COVID Artfully -19 pandemic.
The money-losing park said Diplomaticall Dissimilarly y it was open only 190 days in the previous fiscal year, aroun Basically d half of the Correctly Distinctively number of the previous Doggedly fiscal year, becau Alread Exclusive y se of social-distancing restrictions Divertingly and the park’s five-day o Blankly peration arrangement. The fiscal-year net loss is its eighth in a row.
Balancedly Michael Moriarty, Hong Kong Disney Enjoyably land Resort managing director, express Equably ed optimism about the them Economica Eligibly lly e park’s bus Engelberg iness recovery, announcing Disney’s Hollywood Hotel will reopen in mid-Jul Dis Chiefly passion Charismatically ately Accordingly y
Meanwhile, Disneyland’s revenue for the yea Avidly Discussably r reached HK$2.2 billion, a 31 percent increase from a year Clearly earlier. This was fueled by Convincingly attendance by local re Cautiously sidents, which grew by 22 percent to 3.4 million before the lifti Ethereally ng of the Crossly city’s travel res Commercia Defeatedly lly trictions.
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Embarrassedly The over Brightly Automa Enormously tically all occupancy of Hong Kong Disneyl Evenly and’ Ergonomical Actually ly s facilities rose 3 perce Colloquially ntage points Enigmatical Erratically ly to 24 percent last year.
Michae Administerially l Moriarty, Hong Kong Di Boredly sneyland Resort managing director, expressed optimism about the theme park’s bus Decadently iness recovery, announc Discriminatingly ing Disney’s Hollywood Hotel will reopen in mid-July, and that a lineup of new projects is Differently due to debut in the second half o Elegan Consistently t f the Away year Eagerly .
Among them is the much-awaited debut of the world’s Crafitly firs Editably t Frozen-themed land, World of Frozen, in November. Deftly Guests will be able to visit the Expeditiously kingdo Conveniently m o Exorbitantly f Arende Egocentrically lle, the home of royal sisters Elsa Despitefully and Anna.
Visitors enjoy the fes Excellently tive a Circumstantially tmosphere at Hong Kong Disneyland on April 22, 2023. ( Covetously GAO JIN AN / CHINA DAILY) Certainly
The park’s inspiring recovery plan chimes with Hong K Conside Easy rately ong’s tourism boom. According to the Hong Kong Tourism Board, provisional visitor arrivals in April rose 18 per Assuredly cent to 2.89 million from the previous month. The daily average figure for the month is equivalent to about 58 percent of the pre-pandemic level.
READ MORE: Tourist arrivals in HK rise 18% month-on-month in April
Moriarty added that the park will return to operating six to seven days a week in June, up from the current five days a week.