Euro Disney rules out winter closure

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.

More Biz

  • Ron Burkle

    Ron Burkle Sues Lantern Capital Over Weinstein Co. Costs

    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 […]

  • Netflix Reed Hastings

    Netflix Falls Short of Q2 Subscriber Expectations Worldwide, Stock Dives

    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 […]

  • Johnny Depp

    Johnny Depp Settles Feud With Former Managers

    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 […]

  • Ed Sheeran Shape of You

    Ed Sheeran Tops Pollstar’s Mid-Year Touring Charts as Industry Soars to Record Gross

    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 […]

  • Lantern Capitol

    Weinstein Co. Closes $289 Million Sale to Lantern Capital

    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 […]

  • BMG to Relaunch ‘Live from Daryl’s

    ‘Live from Daryl’s House’ to Relaunch in the Fall Via BMG Partnership (EXCLUSIVE)

    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 […]

  • STX Targeting August IPO in Hong

    STX Targeting August IPO in Hong Kong (Report)

    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 […]

More From Our Brands

Access exclusive content