Mickey to the rescue of Disneyland Paris

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Mickey to the rescue of Disneyland

Mickey is not Picsou. After much thought, Disney has decided to sign a very large check of €1bn bailout just to keep its head above water and to hold the gates open.

Become in twenty-two years Europe’s leading tourist destination, yet the park behind an abysmal debt, the result of complicated arrangements and managerial wanderings. Another plan for recapitalization and financial restructuring was announced on October 6.

Can it be both a commercial success and financial failure? Yes, it can. Since 1992, Euro Disney, the operator of both the amusement park and seven hotels in Disneyland Paris, managed to build the first tourist destination in Europe – 15 million annual visitors – with accumulated losses.

What is the purpose of the bailout?

The first objective is to strengthen the financial strength of EuroDisney and allow it to continue to invest in the park new attractions to attract visitors. Since opening in 1992, Disneyland has never made ​​any money. Of the twenty-two years of activity, only nine have been beneficial. At the end of last year, in September, the group had a deficit of 1.8 billion euros.

Still, Disneyland remains the number one tourist destination in Europe. For specialists, the problem of Disneyland is its business model related to its debt and its upfront investments. The company can not make a lot of money because the maximum capacity of the park is limited, and prices can not increase indefinitely.

Where to Stay in Paris

There’s a massive choice, and prices are generally reasonable considering this is a capital city. We’d advise picking somewhere within easy walking distance of a metro so that you can easily get around all the sights in this itinerary.

Our favourite way to find the best deals on accommodation is to book directly on the hotel website. usually have the best rate available thanks to our collaborators that feeds us with Exclusive and live Promo and deals.

  • Le Lapin Blanc, a Hotel just a 5-minute walk from Cluny-La Sorbonne Metro station. he best rate available online. You can modify or cancel your booking without fee until 2 days at noon before your arrival. Get a discount of 10% using promocode WEBACK2019 .
  • Des Duc Hotels, a few steps from Chatelet, the Louvre and Notre Dame. Get a discount of 10% using code WEBACK.
  • Concortel paris hotel, Reserve directly on website and get 15% reduction compared to other tariffs available online. free breakfast during week-end stays reserved via Hotel Website.
  • Hotel Saint honore, Just a short walk from the Champs Elysées and the Madeleine, the hotel Saint Honore is ideally situated for direct access to the Paris airports (CDG, Orly) and the 4 main train stations. BEST RATE GUARANTEE Get 25% off for your 3 nights stay !
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