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Tokyo Disney Resort planning big expansion

Friday, 1 December 20173 min read

Tokyo Disney Resort is said to be mulling a big multi-billion dollar expansion.

Oriental Land Company, which owns and operates the Tokyo Disney Resort under license from Walt Disney Co, will reportedly spend about US$2.7 billion to expand on parking lots.

To free up space it will build multi-storey parking garages on land currently used for single level parking.

This is in addition to previously announced expansion plans for new Beauty and Beast and Big Hero 6 attractions.

It would become the largest investment by Oriental Land since it opened its second Disney park, Tokyo DisneySea, in 2001.

It would expand its total area by about 30%.

The two current parks attract a combined 30 million visitors a year.

It still remains popular with the Japanese but Japan is an aging nation and Disney needs to attract more international travellers amid a booming inbound tourism market.

No details have been disclosed about possible new attractions planned but work would be completed in time for a 2023 opening, according to reports.