Tuyen Tran BAD 345-03 9/9/2014 Hong Kong Case Study Hong Kong Disney land was an optimistic business idea that was supposed to further propel the Disney brand into the Asian market. After a successful operation in Tokyo Japan Disney thought that the Hong Kong market would follow suit. However‚ Hong Kong Disney was not the success Disney had hoped and was losing costumers and money early on and was not seeing any profits. Disney was not sure why locals and tourists were coming to their
Premium Magic Kingdom Walt Disney Parks and Resorts Walt Disney World Resort
“Hong Kong Disneyland” 1. The situation The case introduces the Disney Parks that were opened outsides of the United States (Tokyo‚ Paris). It reveals the reasons why it is successful in Japan and failing in French. Then it focuses on the park which was opened in Hong Kong. Managers tried their best to avoid the mistakes they made in French and thought about culture differences as many as possible. However‚ it still produced some negative effects‚ such as The Lunar New Year Holiday Fiasco‚ during
Premium Hong Kong Dim sum Entertainment
1. The main attraction within Hong Kong Disneyland is the park called Adventureland. It is the biggest of all the parks within Hong Kong Disneyland. It has many attractions‚ it features a large island area home to Tarzan’s tree house‚ which compares to the Rivers of America in the Magic Kingdom. It also has a popular “Festival of the Lion King” show. The park is made up of four themed parks which consist of Main Street‚ U.S.A‚ Adventureland‚ Fantasyland and Tomorrowland. The park also plans to expand
Premium Magic Kingdom Walt Disney Parks and Resorts
Disney/Hong Kong Case Negotiation In negotiations between the Hong Kong government and Disney‚ we have established measures we would like to observe going forward. The most important matter included is job creation and economic boost to Hong Kong and the surrounding areas. Both parties (Hong Kong and Disney) can create value and gain favorable returns. Our negotiations are not limited and will be open to different plans. From a cultural perspective‚ negotiations with the Hong Kong government
Premium Mainland China China Amusement park
Global Business Cultural Analysis: Hong Kong Dr. Maria Marin Business 604 History Hong Kong has been inhabited for millennia‚ with the early Che people settling the land early on. During the period of the Warring States in Mainland China‚ Yuet people immigrated from the north and forcibly assimilated the Che people. During the time of the Qin Dynasty Hong Kong was made a part of unified Imperial China. Throughout the Han Dynasty in the 10th century the region grew in
Premium Hong Kong People's Republic of China
Chinese regained sovereignty of Hong Kong. One of the important factors of Hong Kong is its economy. Hong Kong’s economy is characterized by low taxes‚ minimum government intervention and free trade. It is one of the largest trading economies in the world‚ as well as a major service economy‚ with strong links to the mainland China‚ and other countries in Asia. Hong Kong is also responsible for intermediating forty percent of China’s external trade. Hong Kong is governed by a principle of
Premium International trade Progressive tax Tax
the growth of Hong Kong as a ‘global city’‚ and the forces which will determine its future growth development. Word count: 1952 words Globalisation that is happening in the world today gives rise to the context of global cities. This global city is advanced culturally‚ socially‚ politically and especially economically. Hong Kong is considered as a major city in the world. In fact‚ it is regarded as the 5th global city in the world. According to Mr. Andrew Chen of Hong Kong company incorporation
Premium Economics Economy of the People's Republic of China Economy
Hong Kong is frequently described as a place where "East meets West"‚ reflecting the culture’s mix of the territory’s Chinese roots with influences from its time as a British colony. Hong Kong balances a modernised way of life with traditional Chinese practices. Concepts like feng shui are taken very seriously‚ with expensive construction projects often hiring expert consultants‚ and are often believed to make or break a business. Other objects like Ba gua mirrors are still regularly used to deflect
Premium Hong Kong
Executive Summary Hong Kong Disneyland (Disney HK) is owned by Hong Kong International Theme Parks Limited‚ a joint venture company with 57 percent shares from the Hong Kong Government and 43 percent shares from the Walt Disney Company. One of the key reasons Disney HK was constructed is to create new jobs for both within Disney and through other employment opportunities and was also estimated to generate economic benefits for Hong Kong. This report would include a comprehensive analysis of the company
Premium Walt Disney Parks and Resorts The Walt Disney Company Walt Disney
As Disney tried to expand their empire further into Asia‚ they were not at all as successful as they had originally expected. With the success of Tokyo Disney Resort producers of Hong Kong Disney were projecting the same experiences to happen in Hong Kong. By using the failures found in Disneyland Resort Paris they knew what not to do in order to achieve greater worth of the Disney name abroad. Though Tokyo and Paris are completely different cultures‚ the adaptation of each culture was done in
Premium Walt Disney Parks and Resorts Disneyland Resort The Walt Disney Company