Hong Kong Disneyland Theme Park HT114003 1C o Laam To Man Chun Chan Ka Chun Chiu Ka Hin Wong Ching Wai Hung Chi Chung Yau Kwok Fung Contents 1. Background 2. Vision 3. History & Future 4. SWOT analysis 5. PEST analysis 6. Marking Mix (Product ‚ promotion ‚ place ‚ price) 7. Conclusion Background • September 12‚ 2005 • 126 hectares • Reclaimed land in Penny’s Bay ‚ Lantau Island • Chief Executive of the Hong Kong Disneyland Resort ‚ Jin Wenhao • Ownership : Disney 47% HKSAR 53% Vision A
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Hong Kong Disneyland had mechanisms in place to adapt to local Hong Kong culture‚ yet these means appeared to be partially ineffective. Why? Despite hard efforts of management‚ during 1 year there were some difficulties Chinese Disneyland faced to. One of the biggest problems was the Lunar New Year Holiday. It took place when administration of park didn’t take into account some particularities of Chinese people consumption habits. This fiasco led to many complaints‚ ticket returns and‚ importantly
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an American flag is something that is deemed disgraceful by many Americans‚ but it should not be outlawed. Many people are offended by the act of publicly burning an American flag and feel it should be outlawed based on the fact that it is offensive to the citizens of this country. Although this may be true‚ people still have the right to protest. This was upheld in a Supreme Court case Texas v. Johnson‚ where the defendant Mr. Johnson was arrested for publicly burning a flag outside the
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Flag The United States of America has a flag that represents more than just a piece of cloth that hangs over our heads. It is something that represents our liberty‚ trust and so much more. This is what the flag really means to me. The flag means courage and bravery‚ many people are brave enough to go fight not just for our rights but others rights too. All of these solders are going and fighting for our rights while we are going to school or doing anything we want‚ all because they fought for our
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business and pleasure customers - Locality‚ central location (business districts) - Highly trained - Consistent level of standards - Contract arrangements as well as good incentives resulted in low staff turnover - Correct (moderate) pricing - Target audience (middle income) - Optimised space utilisation - Successful advertising strategy Compare operating ratios with a typical restaurant (refer to exhibit 1) Item Benihana (%) Typical service restaurant (%) Comment Food cost 30 38
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The History of DisneyLand Paris In the beginning... Following on from the success of the DisneyLand theme park in Anaheim‚ plans to build a European version first started around 1975‚ nine years after Walt Disney died. Initially Britain‚ Italy‚ Spain and France were all considered as possible locations‚ though Britain and Italy were quickly dropped from the list of potential sites because they both lacked a suitably large expanse of flat land. The most likely site was thought to be in the Alicante
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1. How would you value the Hong Kong Disneyland project from the perspective of Walt Disney? The valuation of Hong Kong Disneyland from the perspective of Walt Disney is done by taking the following assumptions: Cost of Capital = 9.52% Cost of Government Debt = 8.19% Cost of Commercial Bank Debt = 11.36% Cost of Equity = 12.3% (10 year average) Inflation = 7.31% (10 year average) Gross margin = 37% Operating Cost = 22% Variable Management Fee = 5% With the above assumptions the FCF
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Red Flag 1 Although the revenue on snack food decreases every year‚ the cost of goods sold increases every year. The costs of these snacks purchased from vendors are increasing while the prices they are sold for in the gift shop remain the same. The gift shop should raise the price on the snacks sold. As an alternative‚ the gift shop could seek to purchase these snacks for cheaper from another vendor. Ultimately‚ the prices should be raised enough to cover the cost to buy them produce a profit
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Society telling those who feel positively about the confederate flag that they do not have the right to display it‚ because it “is a symbol of racism and slavery”‚ is an issue throughout America that causes unwanted and unnecessary problems. This issue requires education on the topic‚ and the people of America to have an open and unbiased point of view. When most people are asked‚ “what does the Confederate flag represent to you?”‚ they answer with‚ “racism”‚ “slavery”‚ or something to do with the
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SWOT-Analysis of Disneyland® Paris _________________________________________ Marketing for E&BE Tutorial group: 3/4 Subgroup: 2 Annett Behr (s2540363) Lino Dal Ben (s2490803) Celine van de Laar (s2477335) Janine Legtenberg (s2554747) Table of contents Introduction 2 Internal analysis 3 The market 3 Disneyland® Paris’ position and performance 3 In comparison to other amusement parks 3 Financial performance 4 Conclusion 4 Value 4 Disneyland® Paris’ marketing mix 5 Product 5
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