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Disneyland Resort Paris



 
 
Disneyland Resort Paris is a holiday
Holiday

The words holiday or vacation have related meanings in different English language countries and continents, but will usually refer to one of the following activities or events:...
 and recreation
Recreation

Recreation or fun is the expenditure of time in a manner designed for therapeutic refreshment of one's body or mind. While leisure is more likely a form of entertainment or rest, recreation is active for the participant but in a refreshing and diverting manner....
 resort
Resort

A resort is a place used for relaxation or recreation, attracting visitors for holidays or vacations. Resorts are places, towns or sometimes commercial establishment operated by a single company....
 in Marne-la-Vallée
Marne-la-Vallée

Marne-la-Vall?e is a new town located near Paris, France.Disneyland Resort Paris and Val d'Europe are located in Marne-la-Vall?e.Status...
, a new town
New town

A new town, planned community or planned city is a city, town, or community that was carefully planned from its inception and is typically constructed in a previously undeveloped area....
 in the eastern suburbs of Paris
Paris

Paris is the Capital of France and the country's largest city. It is situated on the river Seine, in northern France, at the heart of the ?le-de-France Regions of France ....
, France
France

France , officially the French Republic , is a country whose Metropolitan France is located in Western Europe and that also comprises various Overseas departments and territories of France....
. The complex is located from the centre of Paris
Kilometre Zero

In many countries, Kilometre Zero or similar terms in other languages, is a particular location , from which distances are traditionally measured....
 and lies for the most part on the territory of the commune
Communes of France

The commune is the lowest level of administrative divisions in the France. The French word commune appeared in the 12th century, from Medieval Latin Medieval commune, meaning a small gathering of people sharing a common life, from Latin communis, things held in common....
 of Chessy
Chessy, Seine-et-Marne

Chessy is a commune in France in the eastern suburbs of Paris, in the Seine-et-Marne Departments of France, France. It is located . from the Kilometre Zero....
.

Disneyland Resort Paris features two theme parks, an entertainment
Entertainment

Entertainment is an activity designed to give people pleasure or relaxation. An audience may participate in the entertainment passively as in watching opera or a movie, or actively as in games....
 district and seven Disney
The Walt Disney Company

The Walt Disney Company is the largest media and entertainment corporation in the world. Founded on October 16, 1923, by brothers Walt Disney and Roy O....
-owned hotels.






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Disneyland Resort Paris is a holiday
Holiday

The words holiday or vacation have related meanings in different English language countries and continents, but will usually refer to one of the following activities or events:...
 and recreation
Recreation

Recreation or fun is the expenditure of time in a manner designed for therapeutic refreshment of one's body or mind. While leisure is more likely a form of entertainment or rest, recreation is active for the participant but in a refreshing and diverting manner....
 resort
Resort

A resort is a place used for relaxation or recreation, attracting visitors for holidays or vacations. Resorts are places, towns or sometimes commercial establishment operated by a single company....
 in Marne-la-Vallée
Marne-la-Vallée

Marne-la-Vall?e is a new town located near Paris, France.Disneyland Resort Paris and Val d'Europe are located in Marne-la-Vall?e.Status...
, a new town
New town

A new town, planned community or planned city is a city, town, or community that was carefully planned from its inception and is typically constructed in a previously undeveloped area....
 in the eastern suburbs of Paris
Paris

Paris is the Capital of France and the country's largest city. It is situated on the river Seine, in northern France, at the heart of the ?le-de-France Regions of France ....
, France
France

France , officially the French Republic , is a country whose Metropolitan France is located in Western Europe and that also comprises various Overseas departments and territories of France....
. The complex is located from the centre of Paris
Kilometre Zero

In many countries, Kilometre Zero or similar terms in other languages, is a particular location , from which distances are traditionally measured....
 and lies for the most part on the territory of the commune
Communes of France

The commune is the lowest level of administrative divisions in the France. The French word commune appeared in the 12th century, from Medieval Latin Medieval commune, meaning a small gathering of people sharing a common life, from Latin communis, things held in common....
 of Chessy
Chessy, Seine-et-Marne

Chessy is a commune in France in the eastern suburbs of Paris, in the Seine-et-Marne Departments of France, France. It is located . from the Kilometre Zero....
.

Disneyland Resort Paris features two theme parks, an entertainment
Entertainment

Entertainment is an activity designed to give people pleasure or relaxation. An audience may participate in the entertainment passively as in watching opera or a movie, or actively as in games....
 district and seven Disney
The Walt Disney Company

The Walt Disney Company is the largest media and entertainment corporation in the world. Founded on October 16, 1923, by brothers Walt Disney and Roy O....
-owned hotels. Operating since April 12, 1992, it was the second Disney resort
Walt Disney Parks and Resorts

Walt Disney Parks and Resorts is the segment of The Walt Disney Company that conceives, builds, and manages the company's theme parks and holiday resorts, as well as a variety of additional family-oriented leisure enterprises....
 to open outside the United States
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
 (following Tokyo Disney Resort
Tokyo Disney Resort

is a theme park and vacation resort located in Urayasu, Chiba prefecture, Japan, just east of Tokyo . It is owned and operated by the Oriental Land Company with a license from The Walt Disney Company....
), and the first to be owned and operated by Disney. With 15.3 million visitors in the fiscal year of 2008, it is one of Europe
Europe

Europe is, conventionally, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally divided from Asia to its east by the water divide of the Ural Mountains, the Ural , the Caspian Sea, and by the Caucasus Mountains to the southeast....
's leading tourist destinations.

Disneyland Resort Paris is owned and operated by French company Euro Disney S.C.A., a public company
Public company

A public company usually refers to a company that is permitted to offer its registered Security for sale to the general public, typically through a stock exchange, but also may include companies whose stock is traded Over-the-counter via market makers who use non-exchange quotation services such as the OTCBB and the Pink Sheets....
 of which 39.78% of its stock
STOCK

Software for fixed assets management and stock control developed in 2004. Stocktaking process is carried using a hand-held mobile terminal equipped with barcode reader or RFID technology....
 is held by The Walt Disney Company, 10% by the Saudi Prince Alwaleed and 50.22% by other shareholders. The resort is run by chairman and CEO Philippe Gas.

The complex was a subject of controversy
Controversy

A controversy is a dispute, argument, discussion or debate featuring strong disagreements and opposing, contrary, or sharply contrasting opinions about an idea, subject, group or person....
 during the periods of negotiation and construction, when a number of prominent French figures voiced their opposition and protests were held by French labour unions and others. A further setback followed the opening of the resort as park attendance, hotel occupancy and revenues fell below projections. Partly as a result of this, the complex was renamed from
Euro Disney Resort to Disneyland Paris in 1995. In July of that year, the company saw its first quarterly profit.

A second theme park, Walt Disney Studios Park
Walt Disney Studios Park

Walt Disney Studios Park is the second theme park of Disneyland Resort Paris, but also owned and operated by Euro Disney S.C.A., at the heart of the Disney resort complex in Marne-la-Vall?e....
, was opened to the public on March 16, 2002.

Background & development


Following the success of Disneyland in Anaheim, California
Anaheim, California

Anaheim is a city in Orange County, California. As of January 1, 2008, the city population was about 346,823, making it the 10th most-populated city in California and ranked 54th in the United States....
 and the Walt Disney World Resort
Walt Disney World Resort

Walt Disney World Resort is the most visited and largest recreational resort in the world, containing four theme parks; two water parks; twenty-three themed hotels; and numerous shopping, dining, entertainment and recreation venues....
 in Florida
Florida

Florida is a U.S. state located in the Southeastern United States of the United States, bordering Alabama to the northwest and Georgia to the northeast....
, plans to build a similar theme park in Europe
Europe

Europe is, conventionally, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally divided from Asia to its east by the water divide of the Ural Mountains, the Ural , the Caspian Sea, and by the Caucasus Mountains to the southeast....
 emerged in 1972. Upon the leadership of E. Cardon Walker, Tokyo Disneyland
Tokyo Disneyland

is a 15 acre theme park at the Tokyo Disney Resort located in Urayasu, Chiba, Chiba Prefecture, Japan, near Tokyo. It was the first Walt Disney Parks and Resorts to be built outside of the United States and was opened on April 15, 1983....
 opened in 1983 in Japan
Japan

Japan is an island country in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, People's Republic of China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south....
 with instant success, forming a catalyst for international expansion.

In late 1984 the heads of Disney's theme park division, Dick Nunis and Jim Cora, presented a list of approximately 1,200 possible European locations for the park.

By March 1985, the number of possible locations for the park had been reduced to four; two in France and two in Spain
Spain

Spain or the Kingdom of Spain , is a country located in Southern Europe on the Iberian Peninsula.The Spanish constitution does not establish any official denomination of the country, even though Espa?a , Estado espa?ol and Naci?n espa?ola are used interchangeably....
. Both of these nations saw the potential economic advantages of a Disney theme park and competed by offering financing deals to Disney.

Both Spanish sites were located near the Mediterranean Sea
Mediterranean Sea

The Mediterranean Sea is a sea or Ocean off the Atlantic Ocean surrounded by the Mediterranean region and almost completely enclosed by land: on the north by Europe, on the south by Africa, and on the east by Asia....
 and offered a subtropical climate similar to Disney's parks in California
California

California is a U.S. state on the West Coast of the United States of the United States, along the Pacific Ocean. It is bordered by Oregon to the north, Nevada to the east, Arizona to the southeast, and to the south the Mexico state of Baja California....
 and Florida
Florida

Florida is a U.S. state located in the Southeastern United States of the United States, bordering Alabama to the northwest and Georgia to the northeast....
. Disney had also shown interest in a site near Toulon
Toulon

Toulon is a city in southern France and a large military harbour on the Mediterranean coast, with a major French naval base. Located in the Provence-Alpes-C?te-d'Azur regions of France, Toulon is the Prefectures in France of the Var departments of France, in the former provinces of France of Provence....
 in southern France, not far from Marseille
Marseille

"Marseille" is the second-largest city of France and forms the third-largest aire urbaine, after those of Paris and Lyon, with a population recorded to be 1,516,340 at the 1999 census and estimated to be 1,605,000 in 2007....
. The pleasing landscape of that region, as well as its climate
Climate

Climate encompasses the temperatures, humidity, atmospheric pressure, winds, rainfall, atmospheric particle count and numerous other Meteorology elements in a given region over long periods of time, as opposed to the term weather, which refers to current activity of these same elements....
, made the location a top competitor for what would be called Euro Disneyland. However, thick layers of bedrock
Bedrock

File:Rockhead1.jpg.JPGIn stratigraphy, bedrock is the native consolidated Rock underlying the surface of a terrestrial planet, usually the Earth....
 were discovered beneath the site, which would render construction too difficult. Finally, a site in the rural town of Marne-la-Vallée
Marne-la-Vallée

Marne-la-Vall?e is a new town located near Paris, France.Disneyland Resort Paris and Val d'Europe are located in Marne-la-Vall?e.Status...
 was chosen because of its proximity to Paris
Paris

Paris is the Capital of France and the country's largest city. It is situated on the river Seine, in northern France, at the heart of the ?le-de-France Regions of France ....
 and its central location in Western Europe
Western Europe

Western Europe refers to the countries in the western most half of Europe. This concept has had different meanings, political and cultural as well as geographical issues have influenced the area....
. This location was estimated to be no more than a four-hour drive for 68 million people and no more than a two-hour flight for a further 300 million.

Michael Eisner
Michael Eisner

Michael Eisner was chief executive officer of The Walt Disney Company from September 22, 1984 to September 30, 2005....
, Disney's CEO at the time, signed the first letter of agreement with the French government
Government of France

The government of France is a semi-presidential system determined by the Constitution of France of the fifth French Republic, in which the nation declares itself to be "an indivisible, la?cit?, Democracy, and social Republic"....
 for the site in December 1985, and the first financial contracts were drawn up during the following spring. Construction began in August 1988, and in December 1990, an information centre named "Espace Euro Disney" was opened to show the public what was being constructed. Plans for a theme park next to Euro Disneyland based on the entertainment industry, Disney-MGM Studios Europe
Walt Disney Studios Park

Walt Disney Studios Park is the second theme park of Disneyland Resort Paris, but also owned and operated by Euro Disney S.C.A., at the heart of the Disney resort complex in Marne-la-Vall?e....
, quickly went into development, scheduled to open in 1996 with a construction budget of US$2.3 billion.

Hotels, recreation and restaurants


In order to control a maximum of the hotel
Hotel

----A hotel is an establishment that provides paid lodging on a short-term basis. The provision of basic accommodation, in times past, consisting only of a room with a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities, including Bathroom#Types of bathroomss and air conditioning or clima...
 business, it was decided that 5,000 Disney-owned hotel rooms would be built within the complex. In March 1988, Disney and a council of architect
Architect

An architect is trained and licenced in planning and designing buildings, and participates in supervising the construction of a building. Etymologically, architect derives from the Latin architectus, itself derived from the Greek arkhitekton , i.e....
s (Frank Gehry
Frank Gehry

Frank Owen Gehry, Order of Canada is a Pritzker Prize-winning architect based in Los Angeles.His buildings, including his private residence, have become tourist attractions....
, Michael Graves
Michael Graves

Michael Graves is an American architect. Identified as one of The New York Five, Graves has become a household name with his designs for domestic products sold at Target Corporation stores in the United States....
, Robert A.M. Stern, Stanley Tigerman
Stanley Tigerman

Stanley Tigerman is an United States architect, theorist and designer. He studied at Massachusetts Institute of Technology, the Chicago IIT Institute of Design, and Yale University....
 and Robert Venturi
Robert Venturi

Robert Charles Venturi, Jr. is an award-winning American architect and founding principal of the firm Venturi, Scott Brown and Associates. Robert Venturi and his wife and partner, Denise Scott Brown, are regarded among the most influential architects of the twentieth century, both through their architecture and planning, and theoretical w...
) decided on an exclusively American theme in which each hotel would depict a region of the United States
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
. At the time of the opening in April 1992, seven hotels collectively housing 5,800 rooms had been built. By the year 2017, Euro Disney, under the terms specified in its contract with the French government
Government of France

The government of France is a semi-presidential system determined by the Constitution of France of the fifth French Republic, in which the nation declares itself to be "an indivisible, la?cit?, Democracy, and social Republic"....
, will be required to finish constructing a total of 18,200 hotel rooms at varying distances from the resort.

An entertainment, shopping and dining complex based on Walt Disney World's Downtown Disney
Downtown Disney (Florida)

Downtown Disney is an outdoor shopping, dining, and entertainment complex located at the Walt Disney World Resort. Downtown Disney is open to the public, requires no admission fee and offers entirely free parking and transportation to all Disney resorts....
 was designed by Frank Gehry. With its towers of oxidised
Redox

Redox describes all chemical reactions in which atoms have their oxidation number changed.This can be either a simple redox process such as the oxidation of carbon to yield carbon dioxide or the reduction of carbon by hydrogen to yield methane , or it can be a complex process such as the oxidation of sugar in the human body through a ser...
 silver and bronze-coloured stainless steel
Stainless steel

In metallurgy, stainless steel is defined as a steel alloy with a minimum of 10% chromium content by mass. Stainless steel does not stain, corrode, or rust as easily as ordinary steel , but it is not stain-proof....
 under a canopy of lights, it opened as Festival Disney.

For a projected daily attendance of 55,000, Euro Disney planned to serve an estimated 14,000 people per hour inside the Euro Disneyland park. In order to accomplish this, 29 restaurant
Restaurant

A restaurant prepares and serves food and drink to customers. Meals are generally served and eaten on premises, but many restaurants also offer take-out and Delivery ....
s were built inside the park (with a further 11 restaurants built at the Euro Disney resort hotels and 5 at Festival Disney). Menu
Menu

In a restaurant, a menu is a printed brochure or public display that shows the list of options for a diner to select. A menu may be a la carte or table d'h?te....
s and prices were varied with an American flavour predominant and Disney's precedent of not serving alcoholic beverage
Alcoholic beverage

An alcoholic beverage is a drink containing ethanol . Alcoholic beverages are divided into three general classes: beers, wines, and distilled beverage....
s was continued in the park. 2,100 patio
Patio

A patio is an outdoor space generally used for meal or recreation that often adjoins a House and is typically Pavement . It may refer to a roofless inner courtyard of the sort found in Spain-style dwellings or a paved area between a residence and the garden....
 seats (30% of park seating) were installed to satisfy Europeans’ expected preference of eating outdoors in good weather. In test kitchen
Test kitchen

A test kitchen is a kitchen used for the process of developing new kinds of food. On the largest scale, they are run by the research and development departments of large companies in the food industry....
s at Walt Disney World, recipes were adapted for European tastes. Walter Meyer, executive chef
Chef

A chef is a person who cooking professionally. In a professional kitchen setting, the term is used only for the one person in charge of everyone else in the kitchen, the executive chef....
 for menu development at Euro Disney and executive chef of food projects development at Walt Disney World noted, “A few things we did need to change, but most of the time people kept telling us, ‘Do your own thing. Do what’s American’.”

Recruitment

Unlike Disney's American
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
 theme parks, Euro Disney aimed for permanent employees (an estimated requirement of 12,000 for the theme park itself), as opposed to seasonal and temporary part-time employees. Casting centres were set up in Paris, London
London

London is the capital of both England and the United Kingdom, and the most populous municipality in the European Union. An important settlement for two millennia, History of London goes back to its founding by the Roman Empire....
, Amsterdam
Amsterdam

Amsterdam is the Capital of the Netherlands and List of cities in the Netherlands with over 100,000 people of the Netherlands, located in the Provinces of the Netherlands of North Holland in the west of the country....
, and Frankfurt
Frankfurt

is the largest city in the German States of Germany of Hesse and the List of cities in Germany with more than 100,000 inhabitants in Germany, with a 2008 population of 670,000....
 in an effort to reflect the multinational aspect of Euro Disney’s visitors. However, it was understood by the French government and Disney that “a concentrated effort would be made to tap into the local French labour market”. Disney sought workers with sufficient communication skills, spoke two European languages (French and one other), and were socially outgoing. Following precedent, Euro Disney set up its own Disney University
Disney University

The Disney University is not an accredited institution, but rather a job training location for DisneySpeak located at Walt Disney World in Orlando, Florida Florida, Disneyland Team Disney, and Burbank's Team Disney Headquarters....
 to train workers. 24,000 people had applied by November 1991.

Controversies


The prospect of a Disney park in France was a subject of debate
Debate

Debate or debating is a formal method of interactive and representational argument. Debate is a broader form of argument than logical argument, which only examine the consistency from axiom, and factual argument, which only examine what is or isn't the case or rhetoric which is technique of persuasion....
 and controversy
Controversy

A controversy is a dispute, argument, discussion or debate featuring strong disagreements and opposing, contrary, or sharply contrasting opinions about an idea, subject, group or person....
. Critics, who included prominent French intellectuals, denounced what they considered to be the cultural imperialism
Cultural imperialism

Cultural imperialism is the practice of promoting, distinguishing, separating, or artificially injecting the culture or language of one culture into another....
, or ‘neoprovincialism’ of Euro Disney and felt it would encourage in France an unhealthy American type of consumerism
Consumerism

Consumerism is the equation of personal happiness with Consumption and the purchase of material possessions.The term is often associated with criticisms of consumption starting with Thorstein Veblen....
. For others, Euro Disney became a symbol of America within France. On June 28, 1992 a group of French farmer
Farmer

A farmer is a person who raises living organisms for food or raw materials....
s blockade
Blockade

A blockade is an effort to cut off the communications of a particular area, by force. It is distinct from a siege in that a blockade is usually directed at an entire country or region, not a fortress or city....
d Euro Disney in protest of farm policies the United States supported at the time. A journalist in the French newspaper Le Figaro
Le Figaro

Le Figaro is one of the leading France morning daily newspapers. Its editorial line is Conservatism and has generally been supportive of the Rally for the Republic political party and its successor, the Union for a Popular Movement ....
 wrote, “I wish with all my heart that the rebels would set fire to [Euro] Disneyland." Ariane Mnouchkine
Ariane Mnouchkine

Ariane Mnouchkine is a world-renowned French Stage theatre director. She founded the Parisian avant-garde stage ensemble Th??tre du Soleil in 1964....
, a Parisian stage director, named the concept a “cultural Chernobyl;” a phrase which would be echoed in the media
Mass media

Mass media is a term used to denote a section of the media specifically envisioned and designed to reach a mainstream such as the population of a nation state....
 and grow synonymous with Euro Disney's initial years.

In response, French philosopher Michel Serres
Michel Serres

Michel Serres is a France philosopher and author, celebrated for his unusual career.Born the son of a barge man, Serres entered the Ecole Navale in 1949 and the ?cole Normale Sup?rieure in 1952....
 noted, “It is not America that is invading us. It is we who adore it, who adopt its fashions and above all, its words.” Euro Disney S.C.A.'s then-chairman Robert Fitzpatrick responded, "We didn’t come in and say O.K., we’re going to put a beret
Beret

A beret is a soft round cap, usually of wool felt, with a flat crown, which is worn by both men and women and traditionally associated with France....
 and a baguette
Baguette

A baguette is a specific shape of bread, commonly made from basic lean dough, a simple guideline set down by France law, distinguishable by its length, very crisp crust, and slits cut into it to enable proper expansion of gasses and thus formation of the crumb, the white part of bread....
 on Mickey Mouse
Mickey Mouse

Mickey Mouse is a funny animal cartoon character who has become an icon for The Walt Disney Company. Mickey Mouse was created in 1928 by Walt Disney and Ub Iwerks and voiced by Walt Disney....
. We are who we are."

Topics of controversy further included Disney's American managers requiring English to be spoken at all meetings and Disney's appearance code for members of staff, which listed regulations and limitations for the use of make up, facial hair
Facial hair

Facial hair is a secondary sex characteristic in human males. Many men start developing facial hair in the later years of puberty, approximately between 18-20 years old and most men don't finish developing a fully adult beard until their early 20s or even later....
, tattoos, jewellery
Jewellery

Jewellery is an item of personal adornment, such as a necklace, ring , brooch or bracelet, that is worn by a person. It may be made from gemstones or precious metals, but may be from any other material, and may be appreciated because of geometric or other patterns, or meaningful symbols....
 and more. French labour unions mounted protests against the appearance code, which they saw as “an attack on individual liberty.” Others criticised Disney as being insensitive to French culture, individualism, and privacy, because restrictions on individual or collective liberties were illegal under French law, unless it could be demonstrated that the restrictions are requisite to the job and do not exceed what is necessary. Disney countered by saying that a ruling that barred them from imposing such an employment standard could threaten the image and long-term success of the park. “For us, the appearance code has a great effect from a product identification standpoint,” said Thor Degelmann, Euro Disney’s personnel director and a native Californian. “Without it we couldn’t be presenting the Disney product that people would be expecting.”

Opening day


On April 12, 1992, Euro Disney Resort and its theme park, Euro Disneyland, officially opened. Visitors were warned of chaos on the roads and a government survey indicated that half a million people carried by 90,000 cars might attempt to enter the complex. French radio warned traffic to avoid the area. By midday, the parking lot was approximately half full, suggesting an attendance level below 25,000. Speculative explanations ranged from people heeding the advice to stay away to the one-day strike that cut the direct RER
RER

The RER is a rapid transit system in France serving Paris and its suburbs. The RER is an integration of a modern city-centre subway and a pre-existing set of regional rail lines....
 railway connection to Euro Disney from the centre of Paris.

Financial, attendance and employment problems


In May 1992, entertainment magazine The Hollywood Reporter
The Hollywood Reporter

The Hollywood Reporter is a major trade publication of the entertainment industry in the United States. During the last century it was one of the two major publications ? the other being Variety ....
 reported that about 25% of Euro Disney's workforce — approximately 3,000 men and women — had resigned their jobs because of unacceptable working conditions. It also reported that the park's attendance was far behind expectations. Euro Disney S.C.A. responded in an interview with The Wall Street Journal
The Wall Street Journal

The Wall Street Journal is an English language international daily newspaper published by Dow Jones & Company in New York, New York with Asian and European editions....
, in which Robert Fitzpatrick claimed only 1,000 people had left their jobs.

In response to the financial situation, Fitzpatrick ordered that the Disney-MGM Studios Europe project would be put on hiatus until a further decision could be made. Prices at the hotels were reduced.

Despite these efforts, in May 1992 daily park attendance was around 25,000 (some reports give a figure of 30,000) instead of the predicted 60,000. The Euro Disney Company stock price spiralled downwards and on July 23, 1992, Euro Disney announced an expected net loss in its first year of operation of approximately 300 million French franc
French franc

The franc is a former currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money....
s. During Euro Disney's first winter, hotel occupancy was such that it was decided to close the Newport Bay Club
Disney's Newport Bay Club

Disney's Newport Bay Club is a hotel situated at the Disneyland Resort Paris. It was designed by architect Robert A.M. Stern and styled after archetypal New England architecture with its white clapboard exterior, porches, woodwork and nautical memorabilia....
 hotel during the season. Initial hopes were that each visitor would spend around US$33 per day, but near the end of 1992, analysts reckoned spending to be around 12% lower.

Efforts to improve attendance included serving alcoholic beverages with meals inside the Euro Disneyland park, in response to a presumed European demand, which began June 12, 1993.

In January 1994, Sanford Litvack, an attorney
Lawyer

A lawyer, according to Black's Law Dictionary, is "a person learned in the law; as an Attorney at law, counsel or solicitor; a person licensed to practice fraud." Law is the system of rules of conduct established by the sovereign government of a society to correct wrongs, maintain stability, and deliver justice....
 from New York City
New York City

The City of New York is the List of United States cities by population in the United States, while the New York metropolitan area ranks among the List of urban areas by population....
 and former Assistant Attorney General during the Jimmy Carter
Jimmy Carter

James Earl "Jimmy" Carter, Jr. served as the List of Presidents of the United States President of the United States from 1977 to 1981 and was the recipient of the 2002 Nobel Peace Prize....
 presidency, was assigned to be Disney's lead negotiator regarding Euro Disney's future. On February 28, Litvack made an offer (without the consent of Eisner or Frank Wells
Frank Wells

Frank Wells was an United States entertainment businessman.Previously, Wells had worked for Warner Brothers as its Vice President of West Coast in 1969, then in 1973 as President, and in 1977 as Vice Chairman until he left the company in 1982....
) to split the debts between Euro Disney's creditors and Disney. After the banks showed interest, Litvack informed Eisner and Wells. On March 14, the day before the annual shareholder
Shareholder

A mutual shareholder or stockholder is an individual or company that legally owns one or more share s of stock in a joint stock company....
s meeting, the banks capitulated to Disney's demands. The creditor
Creditor

A creditor is a party that has a claim to the services of a second party. It is a person or institution to whom money is owed. The first party, in general, has provided some property or Service to the second party under the assumption that the second party will return an equivalent property or service....
 banks bought US$500 million worth of Euro Disney shares, forgave 18 months of interest
Interest

Interest is a fee paid on borrowed assets. It is the price paid for the use of borrowed money , or, money earned by deposited funds .Assets that are sometimes lent with interest include money, shares, consumer goods through hire purchase, major assets such as aircraft finance, and even entire factories in finance lease arrangements....
 and deferred interest payments for three years. Disney invested US$750 million into Euro Disney and granted a five-year suspension of royalty payments. In June that same year, Saudi Arabian Prince Al-Waleed Bin Talal Bin Abdulaziz Al Saud cut a deal whereby the Walt Disney Company bought 51% of a new US$1.1 billion share issue, the rest being offered to existing shareholders at below-market rates, with the Prince buying any that were not taken up by existing shareholders (up to a 24.5% holding).

In 2002, Euro Disney S.C.A. and the Walt Disney Company announced another annual profit for Disneyland Resort Paris. However, it has incurred a net loss in the three years following, and the park is approximately US$2 billion in debt as of 2007. In 2005, the Walt Disney Company agreed to write-off all debt to the Walt Disney Company made by Euro Disney S.C.A.

1995 turnaround


Luc Viatour Disneyland Paris 03
On May 31, 1995, a new attraction opened at the theme park. Space Mountain - De la Terre à la Lune
Space Mountain (Disneyland, Paris)

Space Mountain is a space-themed roller coaster attraction at Disneyland Park ....
 had been planned since the inception of Euro Disneyland, but was reserved for a revival of public interest. With a redesign of the attraction (which had premiered at Walt Disney World's Magic Kingdom
Magic Kingdom

The Magic Kingdom is a theme park at the Walt Disney World Resort. The first park built at the resort, it opened on October 1, 1971. The park saw an estimated 17 million visitors in 2007, making it the most visited theme park in the world....
 in 1975) including a 'cannon
Cannon

A cannon is any tubular piece of artillery, that uses gunpowder or other usually explosive-based propellants to launch a projectile over a distance....
' launch
Launch

Launch may refer to:In boating:*Launch , a large motor boat*Motor Launch , a small military vessel used by the Royal Navy*Ship naming and launching, when a ship or boat is dispatched from a slipway, prior to fitting out and commissioning...
 system and an on-ride soundtrack
Soundtrack

The term soundtrack refers to three related concepts: recorded music accompanying and synchronized to the images of a motion picture, television program or video game; a commercially released soundtrack album of music as featured in the soundtrack of a film or TV show; and the physical area of a film that contains the synchronized recorded so...
, the US$100 million attraction was dedicated in a ceremony attended by celebrities such as Elton John
Elton John

Sir Elton Hercules John Order of the British Empire is an England singer-songwriter, composer and pianist.In his four-decade career, John has been one of the dominant forces in rock and popular music, especially during the 1970s....
, Claudia Schiffer
Claudia Schiffer

Claudia Schiffer is a Germany Model and actress, who reached the height of her popularity during the 1990s, initially due to her striking resemblance to Brigitte Bardot....
 and Buzz Aldrin
Buzz Aldrin

Buzz Aldrin is an United States aviator and astronaut, who was the Lunar Module Pilot on Apollo 11, the first lunar landing. He was, along with Mission Commander Neil Armstrong, the first person to land on the Moon, and shortly afterward became the second person to set foot on the Moon....
.

On July 25, 1995, Euro Disney S.C.A. reported its first ever quarterly profit of US$35.3 million. On November 15, the results for the fiscal year ending September 30 were released; in one year the theme park's attendance had climbed from 8.8 million to 10.7 million — an increase of 21%. Hotel occupancy had also climbed from 60 to 68.5%. After debt payments, Disneyland Paris ended the year with a net profit of US$22.8 million.

Name changes


Disneyland Resort Paris and its assets have been subject to a number of name changes, initially an effort to overcome the negative publicity that followed the inception of Euro Disney.

Michael Eisner noted,


1992199319941995199619971998199920002001200220032004200520062007
Entire complexEuro Disney Resort1Euro Disneyland Paris2Disneyland Paris3Disneyland Resort Paris4
First parkEuro Disneyland1Disneyland Park (English)/Parc Disneyland (French)4
Entertainment districtFestival DisneyDisney Village


1until May 1994
2June 1994 until September
3October 1994 until February 2002
4March 2002.

The complex


Disneyland Resort Paris encompasses and contains theme parks, resort hotels, a golf course and a railway station.

Theme parks


The Disneyland Park
Disneyland Park (Paris)

Disneyland Park is a theme park which is a part of Disneyland Resort Paris. Operated by Euro Disney S.C.A., it is one of two theme parks in the complex just outside of Paris, in Marne-la-Vall?e, France....
 is based on a formula
Formula

In mathematics and in the sciences, a formula is a concise way of expressing information symbolically , or a general relationship between quantities....
 pioneered by Disneyland in California
Disneyland Resort

The Disneyland Resort is a recreational resort complex in Anaheim, California, California. The resort is owned and operated by The Walt Disney Company through its Walt Disney Parks and Resorts division and is home to two theme parks, three hotels and a shopping, dining and entertainment area....
 and further employed at the Magic Kingdom
Magic Kingdom

The Magic Kingdom is a theme park at the Walt Disney World Resort. The first park built at the resort, it opened on October 1, 1971. The park saw an estimated 17 million visitors in 2007, making it the most visited theme park in the world....
 in Florida
Walt Disney World Resort

Walt Disney World Resort is the most visited and largest recreational resort in the world, containing four theme parks; two water parks; twenty-three themed hotels; and numerous shopping, dining, entertainment and recreation venues....
 and Tokyo Disneyland
Tokyo Disneyland

is a 15 acre theme park at the Tokyo Disney Resort located in Urayasu, Chiba, Chiba Prefecture, Japan, near Tokyo. It was the first Walt Disney Parks and Resorts to be built outside of the United States and was opened on April 15, 1983....
 in Japan
Tokyo Disney Resort

is a theme park and vacation resort located in Urayasu, Chiba prefecture, Japan, just east of Tokyo . It is owned and operated by the Oriental Land Company with a license from The Walt Disney Company....
. Occupying 566,560 m² (140 acre
Acre

The acre is a Units of measurement of area in a number of different systems, including the Imperial unit#Measures of area and United States customary units#Units of area systems....
s), it is the largest Disney park based on the original in California.

On March 16, 2002, the Walt Disney Studios Park
Walt Disney Studios Park

Walt Disney Studios Park is the second theme park of Disneyland Resort Paris, but also owned and operated by Euro Disney S.C.A., at the heart of the Disney resort complex in Marne-la-Vall?e....
 opened its doors to the public. At 270,000 square metres, it is a continuation on an earlier, never realised concept; the Disney-MGM Studios Europe.

The April 2007 issue of trade magazine Park World reported the following for 2006 compiled by Economic Research Associates in partnership with TEA (formerly the Themed Entertainment Association
Themed Entertainment Association

The Themed Entertainment Association is an international non-profit association representing the world's leading creators, developers, designers and producers of themed experiences such as museums, zoos and theme parks....
):

  • Disneyland Park, 10.6 million visits (No. 5 worldwide);
  • Walt Disney Studios, 2.2 million visits.


Other recreation

Downtowndisneyland Paris
The Disney Village
Disney Village

Disney Village is a shopping, dining and entertainment complex in Disneyland Resort Paris, Marne-la-Vall?e, France. Originally named Festival Disney, it opened April 12, 1992 with what was then called the Euro Disney Resort and originally covered an area of approximately 18,000 m?....
 entertainment district contains a variety of restaurants, bars, shops, Buffalo Bill's Wild West Dinner Show, and other venues and stays open after the parks close.

Golf Disneyland
Golf Disneyland

[Image:Golf disneyland logo.png|Golf Disneyland logo Golf Disneyland is located at the Disneyland Resort Paris in Marne-la-Vall?e, France, there is a full Disney-themed golf course....
 features 9-hole and 18-hole courses.

Hotels

The complex features seven Disneyland Resort Paris hotels. The Disneyland Hotel
Disneyland Hotel (Paris)

The Disneyland Hotel is a hotel at Disneyland Resort Paris, by which it is marketed as its most prestigious and priced accordingly. With its Clapboard and Molding styled in a palette of creams and pinks, octagonal and Mansard roofs with dormers, a Mickey Mouse clock tower, wraparound porches and goldleaf finishes, it is designed to loosely...
 is located over the entrance of the Disneyland Park and is marketed as the most prestigious hotel on property. A body of water known as Lake Disney
Lake Disney

Lake Disney is a man-made lake situated at Disneyland Resort Paris. Surrounded by three of the resort hotels and the Disney Village entertainment complex, it was previously known as Lake Buena Vista....
 is surrounded by Disney's Hotel New York
Disney's Hotel New York

Disney's Hotel New York is a hotel situated in Disneyland Resort Paris designed by Postmodern architecture architect Michael Graves. Citing early 20th century Art Deco it was designed to echo the essence and feel of New York City....
, Disney's Newport Bay Club
Disney's Newport Bay Club

Disney's Newport Bay Club is a hotel situated at the Disneyland Resort Paris. It was designed by architect Robert A.M. Stern and styled after archetypal New England architecture with its white clapboard exterior, porches, woodwork and nautical memorabilia....
 and Disney's Sequoia Lodge
Disney's Sequoia Lodge

Disney's Sequoia Lodge is a hotel situated at Disneyland Resort Paris. It was designed by French architect Antoine Grumbach to evoke the atmosphere of the National Park lodges built around the beginning of the 20th century, such as the Old Faithful Inn in Yellowstone National Park and others in Yosemite and other Western National Parks....
. Disney's Hotel Cheyenne
Disney's Hotel Cheyenne

Disney's Hotel Cheyenne is a hotel located at Disneyland Resort Paris. Designed by architect Robert A.M. Stern , it is devised to create the illusion that it is a Western town in the archetypal Hollywood style rather than a single hotel complex....
 and Disney's Hotel Santa Fe
Disney's Hotel Santa Fe

Disney's Hotel Santa Fe is a hotel at Disneyland Resort Paris. It is designed by Albuquerque- based architect Antoine Predock, whose other work stands mainly in the American Southwest, to evoke the atmosphere of a motel in Santa Fe, New Mexico, New Mexico with its typical Santa Fe, New Mexico#Santa Fe style and ?the City Different? architectu...
 are located near Lake Disney, Disney's Davy Crockett Ranch
Disney's Davy Crockett Ranch

Disney's Davy Crockett Ranch is a campground at Disneyland Resort Paris which consists of 595 cabins in a quiet, wooded area located outside the perimeters of the main resort....
 is located in a woodland area outside the resort perimeter.

Disneyland Resort Paris includes six Associated Hotels which are not managed by Euro Disney S.C.A. but provide free shuttle buses to the parks: Marriott
Marriott

Marriott may refer to:Corporations:* Marriott International, international hotel company* Marriott Corp. , originally known as Hot Shoppes, Inc....
's Village d'lle-de-France, Radisson
Radisson

Radisson may refer to:...
 SAS Hotel, a Holiday Inn
Holiday Inn

Holiday Inn is a brand name applied to hotels within the InterContinental Hotels Group ....
 Hotel, Vienna International Dream Castle Hotel, MyTravel
MyTravel Group PLC

This article contains historical information about My Travel until its merger with Thomas Cook AG - for the new company see - Thomas Cook GroupMyTravel Group PLC was a package holiday company based in the United Kingdom....
's Explorers Hotel and a Kyriad Hotel.

Transport


A railway station, Marne-la-Vallée - Chessy, with connection to the suburban RER
RER

The RER is a rapid transit system in France serving Paris and its suburbs. The RER is an integration of a modern city-centre subway and a pre-existing set of regional rail lines....
 network and the TGV
TGV

The TGV is France's high-speed rail service. It was developed during the 1970s by GEC-Alsthom and SNCF, the French national rail transport operations, and is now operated primarily by SNCF....
 high-speed rail network is located between the theme parks and Disney Village. Thalys
Thalys

Thalys is an international high-speed rail operator built around the high-speed lines between Paris, Brussels, Cologne and Amsterdam. This track is shared with Eurostar trains that go from Paris or Brussels to London via Lille and the Channel Tunnel and with French domestic TGV trains....
 no longer operates from Marne-la-Vallée train station, but there are daily services from London
London

London is the capital of both England and the United Kingdom, and the most populous municipality in the European Union. An important settlement for two millennia, History of London goes back to its founding by the Roman Empire....
 on the Eurostar
Eurostar

Eurostar is a high-speed train service in Western Europe connecting London and Kent in the United Kingdom, with Paris and Lille in France, and Brussels in Belgium....
. On June 10, 2007, a new TGV line, LGV Est
LGV Est

The LGV Est europ?enne is an extension to the French High-speed rail TGV network, connecting Paris and Strasbourg. It provides fast service between Paris and the principal cities of eastern France and Luxembourg, and several cities in Germany and Switzerland....
, began service between Paris and Strasbourg.

Free shuttle buses provide transport to all Disney hotels (except Disney's Davy Crockett Ranch) and Associated Hotels.

External links