• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

HK Disneyland consecutive losses 3 yrs $$Billions$$ burnt

democracy my butt

Alfrescian
Loyal
https://hk.news.yahoo.com/迪士尼業績連續3年見紅-勁蝕3-45億元-080012380.html

迪士尼業績連續3年見紅 勁蝕3.45億元

on.cc 東網

3.7k 人追蹤
2018年2月20日 下午4:00
8723944fe74846d19cd1649fa19544a0

【on.cc東網專訊】香港迪士尼樂園連續第3年錄得虧損,虧損金額更較對上一年度大增1倍。樂園今日(20日)公布2016/17財政年度業績,雖然總收入高達51億港元,屬歷年第二高,較對上年度的47.5億港元,上升約8%,惟因去年度樂園有新設施及新酒店啟用,導致折舊率高,令全年淨虧損達3.45億元,較對上年度1.71億港元虧損增逾1倍,年度轉盈為虧。

" data-reactid="19">

樂園今日公布2017年財政年度(2016年10月至2017年9月)業績,入場人次有620萬,較對上2015/16年度的610萬人次,微增約10萬人次,入園人均消費上升4%,連續8年創新高而,酒店入住率達70%,另樂園於今年1月向員工加薪2.8%至5%。

" data-reactid="21">

迪士尼行政總裁劉永基表示,香港去年數次懸掛8號風球影響入場人數,而新設施及酒店落成亦令業務收入壓力增,不過睡公主城堡自上月初停放煙花後,未見對入園客量有影響,而睡公主城堡重建後除煙花外,亦會加入激光等元素。

" data-reactid="23">

對於港珠澳大橋及高鐵於今年開通,劉相信迪士尼會吸引大灣區的客源,但目前難以估計客量增長率,樂園會與港府商討增設交通接載旅客入園,包括增加自己的車隊及和跨境巴合作接客入園,令旅客在港珠澳大橋及高鐵站下車後可直接到樂園。另外,樂園正處理酒店網上預先辦理入住手續的系統,料今年內可推出,料屆時可縮短等候時間。

" data-reactid="25">

香港迪士尼樂園過去業績

" data-reactid="27">

財政年度/入場人次/純利(淨虧損)

" data-reactid="29">

2017/620萬/-3.45億港元

2016/610萬/-1.71億港元

2015/680萬/-1.48億港元

2014/750萬/3.32億港元

2013/740萬/2.42億港元

2012/670萬/1.09億港元

2011/590萬/-2.37億港元

2010/520萬/-7.18億港元

2009/460萬/-13.15億港元

2008/450萬/-15.74億港元

2007/400萬/無公布

2006/520萬/無公布

" data-reactid="42">

資料來源:綜合香港迪士尼樂園資料




http://www.scmp.com/news/hong-kong/...land-falls-further-red-losses-double-2017-hit


Hong Kong Disneyland falls further into red as losses double in 2017 to hit HK$345 million
Park expansion, asset depreciation and higher operating costs ate into balance sheet, bosses say

PUBLISHED : Tuesday, 20 February, 2018, 4:00pm
UPDATED : Tuesday, 20 February, 2018, 11:35pm
Comments: 32

324658fa-15f3-11e8-ace5-29063da208e4_1280x720_212259.JPG

Denise Tsang Cannix Yau
0Share
32
5 Jan 2018
Hong Kong Disneyland Resort has lost more of its magic, with its financial deficit doubling to over HK$345 million (US$44.1 million) last year.

HK Morning Briefing
Get updates direct to your inbox
E-mail *
By registering you agree to our T&Cs & Privacy Policy
The Lantau Island theme park, in which the Hong Kong government is the controlling shareholder, reported on Tuesday a third consecutive year of losses. The deficit in 2016 stood at HK$171 million. Executive vice-president and managing director Samuel Lau said park expansion, asset depreciation and higher operating costs ate into Disneyland’s balance sheet for the year ending September 30.

4a201b82-15f3-11e8-ace5-29063da208e4_1320x770_212259.JPG


Business was also hit by the closure of some facilities to pave the way for the expansion work.

The park opened new attractions last year, including an Iron Man feature and a 750-room hotel called Disney Explorers Lodge. The depreciation period for these new assets could last for three to 40 years, Lau said.

“It is hard to say when the peak period for the depreciation will be,” he said. “We will focus on growing revenue to offset the impact.”

Advertisement
New Marvel Ant-Man attraction at Hong Kong Disneyland revealed
Lau said the park would continue to bring in more attractions, characters and products to lure visitors. “Our job is to grow revenue, to grow more attendance,” he said. “We have different new products and merchandise to attract the guests. That’s the way we are going to balance the business.”

However, earnings before interest, taxes, depreciation and amortisation soared 28 per cent to HK$914 million last year. This showed the theme park had met internal performance benchmarks, Lau said.



Revenues jumped 8 per cent to HK$5.1 billion, largely powered by a 3 per cent increase in visitor numbers to 6.2 million.

Disney has another theme park in Shanghai, which opened in June 2016 and served 11 million visitors in its first year.

“Shanghai’s Disney is catered more to Shanghai, and the mainland market is very big,” Lau said.

Locals were the biggest group of visitors to the Hong Kong park last year, making up 41 per cent. They were followed by mainland Chinese tourists, at 34 per cent, and overseas visitors who accounted for up to 25 per cent.

Hong Kong Disneyland fireworks staff see jobs go up in smoke
The Hong Kong theme park also fared worse than local arch-rival Ocean Park, which recorded a HK$234 million deficit in 2017 – better than Disney and also an improvement on its performance in 2016 when it posted a HK$241.1 million deficit amid a tourism downturn.

Despite the disappointing numbers, Lau said 5,000 full-time staff at Hong Kong Disneyland had been rewarded with a pay rise of between 2.8 and 5 per cent in January and a bonus last December.


He said the recent recovery in the Hong Kong tourism industry had spilled into Disney’s business.

The three hotels at the resort had sold 53 per cent more nights in the financial year to date, he added.

Legislator Yiu Si-wing, representing the tourism sector, said the opening of the high-speed rail link to Guangzhou and the Hong Kong-Zhuhai-Macau bridge this year would help bring in more visitors to the theme park.

However, he found the 70 per cent overall occupancy rate of Disney hotels disappointing and advised the theme park to host more events, conventions and exhibitions in its hotels.

“In Hong Kong the average occupancy rate of hotels was over 80 per cent so the performance of Disney hotels was far from satisfactory, especially the new hotel,” he said.

“I think Disney needs to introduce not only more attractions in the park, but also more events, conventions and exhibitions, and in-depth tours connected with Lantau routes in its hotels to boost its business.”

c59d1968-15f3-11e8-ace5-29063da208e4_1320x770_212259.JPG


A HK$10.9 billion expansion plan is in the works for the next six years. It will bring attractions themed on the movie Frozen as well as Marvel characters. Disney managed to obtain Hong Kong government funding of HK$5.45 billion for the work despite objections from lawmakers.

Meanwhile, the Tourism Board estimated on Tuesday that 60.6 million tourists would visit Hong Kong in 2018, the second time since 2014 that visitor numbers would exceed 60 million in a single year.

The board’s executive director, Anthony Lau Chun-hon, brushed aside fears that the city would be crowded out and reignite Hongkongers’ animosity towards their mainland counterparts, as was the case a few years ago during a surge in visitor arrivals.

Additional reporting by Raymond Yeung


This article appeared in the South China Morning Post print edition as: Disneyland deficit doubles to more than HK$345mDisneyland deficit doubles to more than HK$345m
 

tanwahtiu

Alfrescian
Loyal
Disneyland will perish together with the falling leaves baby boomers.

And more schools closing whih were build for baby boomers.

More things will be leftovers for millenium kids to pull down which were consumed by 1 billion baby boomers created the mess.
 
Top