Hong Kong Disneyland loss narrows on surging revenue

Posted Tuesday, January 10, 2012 9:28 AM | Contributed by Jeff

Hong Kong’s Disneyland theme park inched closer to profitability last year as higher visitor numbers and hotel occupancy rates helped narrow losses. The theme park reported a net loss Tuesday of 237 million Hong Kong dollars ($30.5 million), down by two-thirds from a HK$718 million loss in 2010. Revenue rose 20 percent to HK$3.6 billion.

Read more from AP via The Washington Post.

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Tuesday, January 10, 2012 11:46 AM

Crazy to think that a reported loss of $30.5 million in a year is good news...

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Wednesday, January 11, 2012 3:47 PM

I don't think that's the loss in a year, I think that's where they stand overall since they started the project.

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