Disney Shuts Down Hotels and Shops Following Parks Closures
After shutting down Disneyland, Disney World, Disneyland Paris, and Disney Cruise Line operations last week, Disney (NYSE: DIS) announced on Monday it would make additional closures. The entertainment giant will cease all store operations in North America on Tuesday, and all of the company's Disney World hotels are set to close Friday.
The upcoming closure for Disney World hotels follows the company's move to shut down hotels at its Disneyland park in Anaheim, California on Monday. It's not clear when Disney's parks, stores, and hotels might reopen, but the closures will have a big effect on the company's performance this year.
Image source: Disney.
Source Fool.com
