Disney’s Shanghai theme park is ready for a 2016 debut

Disney Shanghai

Disney’s massive $5 billion Chinese theme park in Shanghai is set to open in five months.

The company spent more than a decade planning and investing in the $5.5 billion location, a first for the company in mainland China.

Disney will open the park on June 16.

The Shanghai Disney Resort represents a major bet that China’s growing middle class will spend more and more of their money on travel, tourism and leisure.

Featured at the park are two hotels, a shopping district, and six different themed lands — Mickey Avenue, Gardens of Imagination, Fantasyland, Adventure Isle, Treasure Cove, and Tomorrowland.

Disney operates parks in Hong Kong and Tokyo, but the new park dwarfs both of them in size.

The park was expected to open in 2015 but construction problems and design changes pushed back the official open date.

Disney chose to integrate Shanghai’s traditional Shikumen-style architecture and themes from the Chinese zodiac.

CEO Bob Iger told investors in November that all the major structures and landmarks were in place, and that Disney was holding job fairs in order to hire thousands of staff.

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“We feel great about what we’re building, and we still feel great about the market,” Iger said. “We continue to be impressed with the buzz that we see whenever we go to China.”

Theme parks and resorts generated more than $16 billion in revenue for Disney in 2015, making them the company’s second biggest business behind TV.

Written by Tammy Johnson

Tammy Johnson

Tammy Johnson is the Retail Editor at BusinessPundit. She focuses on Fortune 500 retail company's and disruptive brick-and-mortar and e-commerce companies that are changing the retail landscape. She can be reached at TammyJohnson@BusinessPundit.com or (929) 265-0240