New resort for Disney World
US
THE Walt Disney Company has unveiled plans to develop a new hotel resort at its Walt Disney World site in Florida, US. The Art of Animation Resort will feature
family suites themed on four Disney films - Lion King, Finding Nemo, Cars and The Little Mermaid. Located close to Disney’s Pop Century
Resort, the new complex will include 1,120 family suites in the Lion King, Cars and Finding Nemo wings, and 864 themed rooms in The Little Mermaid wings for a total of almost 2,000 new units. Tom Staggs, chairman of Disney’s Parks
and Resorts division, said: “We are always looking for opportunities to expand and enhance our Walt Disney World offerings and Disney’s Art of Animation Resort is a great example of those efforts.”
Losses widen for Six Flags
SIX Flags Entertainment Corporation has reported losses of US$183.5m in the first quarter of 2010, as the beleaguered parks operator emerges from Chapter 11 restructuring. Losses in the prior-year period amounted to US$140.8m. The group, which operates venues across
North America and Mexico, attributed the loss to interest owed on $400m in senior notes, reorganisation costs associated with the company’s filing for Chapter 11, higher operating expenses and expenses tied to income tax. On the heels of the publication of its first-
quarter balance sheet, which detailed a 12 per cent increase in revenue to $57.3m, New York City-based Six Flags announced the appointment of Al Weber to the role of president and interim chief executive officer. The company emerged from bankruptcy
on April 30 through an equity investment by a group of bondholders led by Stark Investments. Under several changes outlined
since that time, Six Flags brought in an executive search firm that remains focused on locating a permanent CEO for the organisation as it moves forward.
Dollywood launches fundraising effort
THE owners of Dollywood theme park and the Dixie Stampede dinner theatre chain have launched a charity initiative to help the victims of the devastating floods that recently swept across Tennessee. On May 22-23, net admission proceeds
Thousands attend Silver Dollar anniversary
ON the weekend of April 30 to May 2, more than 40,000 people flocked to the city of Branson, Missouri, to help Silver Dollar City celebrate its 50th anniversary. Numerous public figures visited the
1880s-themed park and the birthday celebrations featured appearances by US Congressman Roy Blunt and Missouri Governor Jay Nixon. The event included performances by the Haygoods, the Lennon Sisters and country music star Louise Mandrell. “Silver Dollar City has made such an
incredible difference to southwest Missouri and the millions of people who come here each year,” Blunt said in addressing the crowd.
from Dollywood, which is owned by country music singer Dolly Parton and Herschend Family Entertainment Company, were donated to flood relief efforts across Tennessee. The same applied for the three Dixie
Stampede properties located in Pigeon Forge, Tennessee; Myrtle Beach, South Carolina; and Branson, Missouri. Parton also made several special appearances at various theatres and locations throughout the venues to greet guests who visited for the weekend event. Davidson and three surrounding counties
were declared federal disaster areas after record-breaking rainfall in early May devastated the area and destroyed homes and businesses. The full scope of the flooding came into focus when officials said private property damage
estimates had reached US$1.9bn. That total does not include costs related to damage to public infrastructure, buildings and overtime for city workers, which will cost the government another US$247m, according to estimates. “I grew up in the Smokies in East Tennessee,
which was my first home,” Parton said. “I moved to Nashville 46 years ago and that is my home now. I have family and friends in both places and when one place hurts I think it is just right for the other to help.”
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