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June 17, 2018
The Walt Disney Company and Oriental Land have entered into an agreement to develop a new themed port and hotel at Tokyo DisneySea.
The deal extends the licensing agreements between the two parties from 2046 until 2076.
The extensions at Tokyo DisneySea will introduce the eighth themed port made of three distinct themes areas. These sections that recreate the worlds of Disney’s Frozen, Tangled and Peter Pan films. It will also include a deluxe hotel that features a unique luxury wing as well as four new attractions that will be developed specifically for the expansion.
Development is set to begin in 2022, with Oriental Land investing nearly 250billion yen in the project.
Read more about:The Walt Disney Company
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