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Stock impact report

Disney Reveals Record $540 Million Theme Park And Hotel Investment [Forbes]

AECOM (ACM) 
Last aecom earnings: 2/3 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.aecom.com/mobile.view?c=131318
Company Research Source: Forbes
Disney has revealed that it spent a record $543 million (€504 million) last year on renovating the flagship hotel at its resort in Paris and building a land there based on the hit animated movie Frozen It is the largest annual investment ever made in Disneyland Paris since its ornate iron gates swung open in 1992 and is almost double the peak amount spent during the construction of the Walt Disney Studios park where the Frozen land is located. The new land will sit on the fringes of a man-made lake which is also under construction along with a new restaurant, a ride themed to beloved 2010 movie Tangled and an Alice in Wonderland stunt show which will debut later this month. The new attractions will be a whole new world for the resort and when the Frozen land opens over the coming years the Studios park will be renamed Disney Adventure World. It is part of a plan to nearly double the size of the park which opened in 2002 and has long been criticised for being far smaller than it Show less Read more
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