Disney Theme Parks Likely To Lose A Ton Of Money This Quarter After Coronavirus Outbreak

by Jeremy Spirogis
Disney Theme Parks Likely To Lose A Ton Of Money This Quarter After Coronavirus Outbreak

For probably the most half, Disney Parks & Resorts have been doing exceptionally nicely just lately. The opening of Star Wars: Galaxy’s Edge at each Walt Disney World and Disneyland have introduced individuals to the parks in huge numbers, and the corporate has additionally seen robust worldwide success in locations like France and Shanghai. Unfortunately, generally there are elements that may affect a business that it has little or no management over, and that is what is going on at Disney’s Asian parks, as coronavirus has compelled the closure of each the Hong Kong and Shanghai Disneyland Resorts, which the corporate believes might affect the underside line to the tune of $175 million minimal.

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