hurt the bottom line for a decade or so." I think we had 10 million people in year one, more than the Louvre." However, he adds that "various factors - the extreme costs associated with going for excellence, for building a castle where castles were real financing costs of a highly leveraged entity structure lower per capita spending by visitors who use all their allotted vacation time etc. The resort also funded its construction with $1.8 billion (€1.7 billion) of bank borrowings and the finance charges on it fueled losses.Įisner says that "from day one it was a hit with the people. As Disney didn't own the company outright, it gave it loans rather than pouring money into it. Accordingly, Disneyland Paris was listed on the Paris Euronext exchange with only 49% in Disney's hands.
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