Despite sagging attendance and growing losses, Euro Disney will remain open this winter.
Euro Disney SCA made the announcement Tuesday in a statement issued through the London Stock Exchange.
Company officials a week ago denied reports published in The Sunday Times of London that the amusement park, 18 miles outside Paris, would close permanently, but said that they had not ruled out the possibility of shutting down for the winter.
Euro Disney “wishes to make it clear that it intends to remain open this winter,” Tuesday’s brief statement said. “No closing of the park is planned.”
The complex has posted losses totaling $ 272 million through the first three quarters of the 1992-93 fiscal year, while attendance has suffered from sagging European economies and currency devaluations.
Last winter, the park closed a 1,000-room hotel to stem losses and lowered entrance fees to woo visitors.