Hong Kong Redux

The sloppily drawn contract between Disney and Hong Kong does not even have a clause preventing Disney from opening other parks in China. Also not mentioned in the press release are the massive cost over-runs due to dioxin in the soil at the Penny Bay site (and more besides from FoE) and the pollution problem means the slight change in the orientation of the park will still not give any views for much of the year.

Simon has a few thoughts on Hong Kong Disneyland.

Simon doesn’t mention this, but the folks at IAAPA were going gaga over the low market penetration for Western Style Themeparks in the Asian markets. I really doubt that Hong Kong Disneyland will be the last park built in Asia over the next 10 years.