Both Shanghai Disneyland and Hong Kong Disneyland remained closed to guests during today’s investor call where Disney put a number on the impact of the Coronavirus at their international parks.
During today’s investor call, Disney provided an estimate of losses due to closing their parks internationally as a response to the Coronavirus. The Q2 losses break down as follows:
- Shanghai Disneyland (est 2 month closure): $135M loss
- Hong Kong Disneyland (est 2 month closure): $40M loss
These numbers are in additon to the already substantial losses estimated due to the political turmoil in Hong Kong.
Disney has not announced a planned reopening date as officials continue to monitor the Coronavirus outbreak.