China shuts down Shanghai Disneyland, locks guests inside the park

Almost 34,000 people at Disneyland underwent testing, on Sunday. Thousands of visitors at the Shanghai Disneyland were waiting in queue for their turn, when the staff members of the amusement park streamed in and started testing everyone for Covid-19, not allowing them to leave.

ORIENTAL LAND; TOKYO DISNEYLAND OPERATOR SAW NET LOSS OF $497 MILLION

Highlights –

• Oriental Land; Tokyo Disneyland operator saw net loss of $497 million.
• In FY 2020 ending in March, the total number of visitors to the theme park was 7.56 million.
• The theme park’s sales stood at 170.58 billion yen,...

TOKYO STOCKS ON FRIDAY ENDED SLIGHTLY HIGHER

Highlights –

• Tokyo stocks on Friday ended slightly higher.
• 225-issue Nikkei Stock Average ended at 40.93 points.
• Topix index finished at 8.02 points.
• Stock issues saw gain by pulp and paper, air transportation, and land tr...

SEMIANNUAL BONUS PAYMENTS FOR WORKERS AT TOKYO DISNEY RESORT TO BE CUT; PANDEMIC

Highlights –

• Semiannual bonus payments for workers at Tokyo Disney Resort to be cut; pandemic
• Bonus payments for about 4,000 of its employees to be cut by 70%.
• The operator of the resort – Oriental Land Co. is considering additi...

CALIFORNIA: NEWSOM PLANS A 4-STAGE REOPENING, DISNEYLAND NOT YET

Highlights:

• California will re-open gradually
• The state will take it slow and will keep on monitoring the situation

As California opens up slowly, cautiously and safely, Disneyland is not yet scheduled to open in Governor Newsom’s plan of reope...

SHANGHAI DISNEYLAND PARTIALLY LIFTING BAN AMIDST CORONAVIRUS CRISIS

• Disneyland had come under the eye of the storm with coronavirus shutting it down
• Shanghai’s Disney land was not the only one affected by the virus outbreak.

Disneyland in mainland China put other cities in the shade amidst a deadly virus outbreak that ha...

JAPAN’S DISNEYLAND EXTENDS CLOSURE TILL APRIL

Highlights:

• DisneyLand in Tokyo had announced closure till mid-March due to COVID-19 outbreak
• Theme parks announced the revised decision to extend closure till April

COVID-19 outbreak has affected the Japanese tourism boom drasticall...