Euro Disney dream needs more cash
More than 20 years after opening, Disneyland Paris still has problems, writes Thomas Hubert in Paris.
Despite the €1 billion recapitalisation plan announced by Euro Disney last Monday, the Walt Disney Company’s European adventures retain a fairytale allure.
There’s no doubt that the French theme park and hotel resort operator needs a cash injection. Although it remains the most visited tourist attraction in France, attendance is down, with 14.1 million visitors this year compared to a peak of 16 million two years ago. Repayments for the company’s €1.75 billion...
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