Just over a year ago Disneyland's relationship with its hometown of Anaheim was tense. Now, the two sides have 'reset' ties as Disneyland prepares to open its largest single-themed land expansion ever: Star Wars: Galaxy's Edge.
LOS ANGELES — Just over a year ago, Disneyland Resort's relationship with its hometown of Anaheim was tense. Now, the two sides have"reset" ties as the park prepares to open its largest single-themed land expansion ever, Star Wars: Galaxy's Edge.
Several hotels report being sold out for the first few weeks of the Galaxy Edge's opening on May 31. Anaheim's hotel tax revenues soared after Disneyland in 2012 opened a 12-acre Cars Land at its California Adventure park. Disney's' Parks and Resorts division accounted for 35% of the entertainment giant's total revenues in fiscal 2018 and was second only to the Media Networks segment.
However, Disneyland's relationship with Anaheim — a city of more than 350,000 people — grew strained just a few years ago when some elected city officials suggested they regretted corporate subsidies or tax breaks, which The Los Angeles Times estimated back in 2017 had totaled over decades more than $1 billion.
D'Amaro told CNBC in a statement,"Disneyland Resort has historically had a very strong relationship with the City of Anaheim, where we have been part of the community for more than six decades. We are looking forward to opening Star Wars: Galaxy's Edge, our largest park expansion yet, and to our mutual success as our investment drives continued visitation to the area and significant incremental revenue to Anaheim's general fund.
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