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.