Shanghai Disneyland to reopen on May 11



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Disney will reopen its Shanghai theme park on May 11, the company said during a profit conference call on Tuesday. The park has been closed since January 25.

Disney reopened Disneytown, Wishing Star Park and the Disneyland Hotel in Shanghai in March. This will be the first Disney theme park to reopen after being closed due to the coronavirus pandemic.

“We will adopt a phased approach with attendance limits, using an advanced reservation and entry system, controlled guest density using social distancing and strict government-required health and prevention procedures,” CEO Bob Chapek said in the call. “These include the use of masks, temperature controls, and other early detection and contact tracking systems.”

CFO Christine McCarthy said it is not yet clear when the rest of Disney’s parks, resorts, cruises and stores will be able to reopen.

These facets of Disney’s businesses are included in the Parks, Experiences and Consumer Products segment. The segment had been the company’s fastest growing profit engine, however the closings paralyzed revenue by 10% in the second quarter.

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