Will Disney World and Disneyland Close Again in 2022?
Hong Kong Disneyland is temporarily closing down on Friday. The global surge of COVID-19 cases has started to hit home, and the theme park resort announced on Wednesday that it would be locking the entrances to its gated attraction through Jan. 20. The two-week closure can naturally be extended if the local situation doesn't improve in the coming days.
Theme park fans in general and Walt Disney (NYSE: DIS) investors in particular will naturally wonder if Disney World in Florida and Disneyland in California will follow suit. The pandemic has taken a bigger bite out of the U.S. market than in China, and the crisis has certainly been intensifying stateside in recent weeks. It's a grim backdrop, but a closure of either U.S. resort seems highly unlikely for now. Knock on Pinocchio.
Image source: Disney.
Source Fool.com
