Disney (DIS)

China is big enough to support two Disneyland resorts, Bill Ernest, president of The Walt Disney Co.'s parks in Asia said amid concerns the company's new Shanghai park would draw visitors away from its one in Hong Kong.
Ernest noted that in the U.S., where the population is about a quarter of the size of China's, there are already two major resorts; in Orlando, FL, and in Anaheim, CA. "We think there's plenty of room," Ernest said at a groundbreaking ceremony Dec. 14 for a long-awaited expansion of Hong Kong's Disneyland. "We think there's plenty of business there that supports both parks."

Jan 1 · 1:54:00 PM · Source: Post Gazette
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by Michael Oliveto