Walt Disney Co will close its theme parks in California and Florida and its reso...
) will close its theme parks in California and Florida and its resort in Paris from this weekend through the end of the month due to the global outbreak of coronavirus, the company said on Thursday.
“We are proceeding with the closure of our theme parks at Walt Disney World Resort in Florida and Disneyland Paris Resort, beginning at the close of business on Sunday, March 15, through the end of the month,” the company said in a statement. The company’s theme parks in Hong Kong, Shanghai and Tokyo remain closed after being shuttered earlier this year in response to the coronavirus outbreak, which started in China.No cases of COVID-19, the disease caused by the novel coronavirus, have been reported at the parks in Anaheim, California, a company representative said in a statement. The announcement coincided with statewide restrictions on public gatherings ordered by California Governor Gavin Newsom.
Disney said it decided to voluntarily close its Southern California parks “in the best interest of our guests and employees” after reviewing Newsom’s directive. Disney-run hotels in Anaheim will remain open through Monday to give guests time to make travel arrangements, the company said. Disney will pay its employees during the shutdown and refund payments for hotel bookings, it added.
After Disney’s announcement, S&P revised Disney’s credit outlook to negative from stable, citing event cancellations and travel restrictions due to coronavirus.
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