Disney World's Shopping Complex Set to Reopen on May 20
Just two days after announcing that The Walt Disney Company (NYSE: DIS) is reopening Shanghai Disneyland, we're seeing the first signs of life closer to home. The theme park giant revealed on Thursday afternoon that it's going to partly reopen the Disney Springs shopping, dining, and entertainment complex at its Florida resort on May 20.
Disney World's theme parks are likely weeks, if not months, away from resuming operations, but this is the first time since mid-March that the industry bellwether will be generating actual revenue from its largest resort. It won't be a full reopening for Disney Springs. Only a limited number of third-party merchants and restaurants will be available in this first phase of the outdoor mall's revival. Disney's massive fleet of themed hotels will remain closed for the time being. However, every journey begins with a first step -- and for Disney's pivotal domestic theme park operations, that step is now less than two weeks away.
Image source: Disney.
Source Fool.com
