Disneyland Paris, the theme park which is 10 percent-owned by Saudi Prince Alwaleed bin Talal Al Saud, has struck a deal with Qatar’s Regency Travel & Tours in order to increase the number of Gulf visitors to the French attraction, it was reported.
“There is a huge demand for Disneyland Paris from this part of the world,” Regency Travel & Tours CEO Tareq Abdullatif Taha was quoted as saying by Gulf Times.
The agreement was signed during a press conference in Doha between Regency and Disney Destinations International (DDI).
The Paris-based theme park, which is 38.9 percent owned by the Walt Disney Company, was rescued from bankruptcy in 1994 when Prince Alwaleed injected $350m into its parent company Euro Disney.
Figures announced earlier month reported the resort saw revenues decrease by five percent year-on-year to €304.9m in the first quarter of the fiscal year 2014, which ended December 2013.
Theme parks revenues decreased three percent to €172.9m, while there was also a seven percent decrease in attendance, partly offset by a four percent increase in average spending per guest.
The decrease in attendance was mainly due to fewer guests visiting from France, Spain and the Netherlands, the report said.For all the latest travel news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
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