Hong Kong Disneyland Trims Losses to $308 Million in Closure-Hit Year

Hit by mandatory closures through 40% of 2020-21, the Hong Kong Disneyland theme park and resort trimmed its losses to HK$2.4 billion ($308 million), management reported on Monday. The park and its hotels operate a financial year that runs from October to September and reported the figures nearly six months in arrears. The park and hotels are currently closed, following yet another government order in early January 2022. Earlier Monday, the city government indicated that the current travel restrictions and quarantine requirements may be reduced from early April. Social distancing measures may then be reduced in phases from April 21,… Read Full Article