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Hong Kong Disneyland Increases Ticket Prices

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Hong Kong Disneyland has announced increases in ticket prices of 9 per cent.  The news comes after the revelation that the theme park can only take up to HK$4 billion in commercial loans.

The South China Morning Post reports that Hong Kong Disneyland has a HK$4 billion limit on commerical loans and is currently at  HK$2.3 billion.

The cost of the six year expansion project is HK$10.9 billion.  With the limit on commercial loans to consider, the Hong Kong government which owns a 53 per cent stake in the theme park company– is proposing a cash injection of HK$5.8 billion into the project.

The increase in ticket prices will make Hong Kong Disneyland more expensive than both the Shanghai and Tokyo Disney theme parks.

http://www.scmp.com/news/hong-kong/economy/article/2054906/hong-kong-disneyland-increases-ticket-prices-9-cent

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Rachel Reed

Rachel Read

Rachel is Finance Director. She has a degree in engineering from Cambridge University and qualified as a Chartered Accountant at Deloittes in London. She worked in finance in industry for twenty years. She oversees our news and also manages our events.

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