The Limited Times

Now you can see non-English news...

Hong Kong Disney lost 2.7 billion yuan last year, and visitors fell 73% year-on-year to only 1.7 million

2021-05-18T22:54:04.435Z


Hong Kong Disneyland said that about 60% of the days in the entire financial year last year had to be closed, and the hotel could only maintain limited services. The annual revenue fell 76% to HK$1.4 billion; interest, taxes, depreciation and deductions were not deducted.


Social News

Written by: Huang Weilun

2021-05-17 16:01

Last update date: 2021-05-17 16:01

Hong Kong Disneyland said that about 60% of the days in the entire financial year last year had to be closed, and the hotel could only maintain limited services. The annual revenue fell by 76% to HK$1.4 billion; interest, taxes, depreciation and amortization were not deducted Earnings before (EBITDA) was negative HK$1.5 billion and net loss was HK$2.7 billion.

Disney also said that local guests were not enough to compensate for the significant drop in overseas visitors to Hong Kong, and that the gathering restriction measures also brought a blow, requiring restrictions on the number of visitors. Last year, the number of visitors was 1.7 million, a year-on-year decrease of 73%.

In addition, per capita consumption also decreased by 18% year-on-year, and the hotel occupancy rate fell 59 percentage points year-on-year to 15%. However, thanks to the growth of hotel catering and commodity consumption, hotel room consumption increased by 22%.

▼The reopening of Disneyland on February 19▼

+10

+10

+10

Disney's Easter admissions are full of vaccine bubbles, restaurants continue four people and one station does not force injections

MTR passenger traffic fell by 600 million last year, and the load factor of one line during peak hours still burst

Relaxing the admission rate to 75%

Disney reopened its own QR code to register 200 fans waiting to enter the park: I miss it every day

Hong Kong Disneyland reopens on Friday at 10 a.m. on Thursday. Online appointments are required. Health declaration is required

01News

Disneyland

Source: hk1

All news articles on 2021-05-18

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.