Disneyland Can Look To Bay Area, Says Professor
"); jQuery("#212 h3").html("

"); jQuery(document).ready(function() { jwplayer.key='EKOtdBrvhiKxeOU807UIF56TaHWapYjKnFiG7ipl3gw='; var playerInstance = jwplayer("jquery_jwplayer_1"); playerInstance.setup({ file: "https://newsstatic.rthk.hk/audios/mfile_1551336_1_20200924082931.mp3", skin: { url: location.href.split('/', 4).join('/') + '/jwplayer/skin/rthk/five.css', name: 'five' }, hlshtml: true, width: "100%", height: 30, wmode: 'transparent', primary: navigator.userAgent.indexOf("Trident")>-1 ? "flash" : "html5", events: { onPlay: function(event) { dcsMultiTrack('DCS.dcsuri', 'https://news.rthk.hk/rthk/en/component/k2/1551336-20200924.mp3', 'WT.ti', ' Audio at newsfeed', 'WT.cg_n', '#rthknews', 'WT.cg_s', 'Multimedia','WT.es','https://news.rthk.hk/rthk/en/component/k2/1551336-20200924.htm', 'DCS.dcsqry', '' ); } } }); }); });
2020-09-24 HKT 08:42
A tourism professor says Hong Kong Disneyland still has a bright future, despite potential expansion plans being torpedoed. On Wednesday, the government decided not to extend an option for Disney to buy a 60-hectare site next to the park.
But Professor Brian King, from the Polytechnic University's School of Hotel and Tourism Management, said the park could still do a lot more within its boundaries. He said although park visitation numbers peaked in 2014, Disney's location in the Greater Bay Area offered opportunities.
"The GBA infrastructure, the fast rail, the bridge offers some unfulfilled potential," he said, referring to the Express Rail Link and the Hong Kong-Zhuhai-Macau bridge. "I think with theme parks, they always have to re-invent themselves."
King said even though Hong Kong was Disney's smallest theme park, it was still seen a premium tourism experience in the region. He said new rides and new themes had been brought in.
Disney says it's extremely disappointed that the government has ended the option for it to buy the adjacent piece of land in Penny's Bay. The land is currently being used for Covid-19 quarantine facilities.
Democratic Party lawmaker Andrew Wan has said the government should now use the 60-hectare site for housing development - and forget about Lantau Tomorrow, the planned massive reclamation project.
China To Inject US$44 Billion Into State Banks To Boost Tech And Curb Risks
China said it will inject 300 billion yuan (US$44 billion) into state-owned banks this year to guard against systemic r... Read more
Hong Kong Regulators Expand GenAI Sandbox To Insurance, Securities And MPF Sectors
The Hong Kong Monetary Authority (HKMA), Securities and Futures Commission (SFC), Insurance Authority (IA), and Mandato... Read more
South Korea To Cap Crypto Exchange Ownership At 20%
South Korean regulators and lawmakers have agreed to cap major shareholder stakes in cryptocurrency exchanges at 20%, d... Read more
DBS Hong Kong Partners With Know Your Customer To Automate SME Onboarding
Know Your Customer Limited, a provider of automated business verification solutions, has partnered with DBS Hong Kong t... Read more
Hong Kong Banks Extend Loan Repayment Relief For Tai Po Fire Victims
The Hong Kong Monetary Authority (HKMA) and the Hong Kong Association of Banks (HKAB) have met to discuss additional su... Read more
Hong Kong And Macao Deepen Financial Cooperation With Updated Agreement
The Hong Kong Monetary Authority (HKMA) and the Monetary Authority of Macao (AMCM) held a meeting on March 3 to strengt... Read more
