The Walt Disney Company, commonly known as Disney, has announced plans for a €2bn, multi-year expansion for Disneyland Paris.
The plans include a transformation of Walt Disney Studios Park with the addition of three new areas that are based on Marvel, Frozen and Star Wars, multiple new attractions and live entertainment experiences.
The US-based diversified multinational mass media and entertainment conglomerate said that the expansion plan is one of the major development projects at Disneyland Paris since the opening of resort in 1992.
Disneyland Paris has played a major role in tourism for the region, recording more than 320 million visits since 1992 and representing 6.2% of France’s tourism income.
The company said that more than 16,000 employees representing 100 nationalities are employed at the resort.
The €2bn investment is expected to open up more opportunities for French and European citizens in the tourism industry.
The programme to expand the Walt Disney Studios Park will be rolled out in phases beginning in 2021.
The plans also include a new lake, which will be the focal point for entertainment experiences and will connect each of the new park areas.
Disney chairman and CEO Robert Iger said that the transformative expansion will add even more of its characters and storytelling to create new lands, attractions and entertainment that further elevate the guest experience and drive new opportunities for tourism in the region.
In 2017, Disneyland Paris kicked off its 25th Anniversary celebrations, including new entertainment and experiences for guests.
It has also completed a two-year refurbishment programme, which included updating and renovating classic attractions in the parks, as well as opening multiple new entertainment shows such as Mickey and the Magician.
In addition, the resort has taken up several major renovations at its hotels, including Disney’s Newport Bay Club, which is now a four-star hotel.