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Disney Feels Effects of Tsunami in Japan March 23, 2011

Posted by JConnolly in : Disney , trackback

Disney may be a six letter word, but the institution goes way beyond such a simple name. Not only has Disney consistently lived up to its world renowned name, but it has also given back to the public as well. Disney has taken it upon themselves to close down the Tokyo Disneyland Theme Park until the park passes inspections. The park had been slated to reopen March 21, 2011. Also, Disney has closed the doors to 28 of 47 Disney Stores in Tokyo due to damage from the earthquake and it’s aftermath. Disney representatives also reported minimal damage to Disneyland and Disney Sea parks in Tokyo. Disney Cruise Lines have also suffered from the closure of the Port of Cabo due to the tragedy. Even though cast members at Tokyo’s Disney Parks are unable to work until the parks reopen, they have put together an effort to give back to the community and help those effected by the natural disasters. They have donated blankets, water and food to the guests still stranded at the resorts. Furthermore, Disney star Demi LaVato donated $1 million to help Japan relief efforts.

Disney has taken a huge drop in the stocks due to the tragedy in Japan. It is estimated that Japan’s Disney market supplies over 18% of the operating income for Disney Parks. The hit to Disney will set them back greatly, but will hopefully turn around once efforts are put in to pick up Japan’s economy after the tragedy.

Meanwhile, production in Hawaii on Disney’s newest resort Aulani is still underway! Aulani is Disney’s newest addition to the Disney Resorts Family. Aulani is set to open its doors in late August 2011. Aulani will offer many children programs as well as fun for the whole family! With a destination as popular as Hawaii and a name like Disney behind it, Aulani is sure to become one of the most visited Disney resorts year round!

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