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Disneyland hong kong case study
Disneyland hong kong case study
Hong Kong's economic policy
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HKU SPACE Po Leung Kuk Community College
Fundamentals of Management and Organizations
(HP 83-244-22-02) Thu 11:00
Group Assignment (Group 5)
Lecturer: Mr. Derek Cheng
Group members:
Ho Pui Lam (201304912)
Ma Sui Ling (201307415)
Yeung Tsz Ying Karen (201305699)
Target Organization:
Hong Kong International Theme Parks Ltd. (Hong Kong Disneyland Resort)
Table of Contents:
A. Introduction
B. Political environment
B1 Description
B2 Comments
B3 Recommendations
C. Economic environment
C1 Description
C2 Comments
C3 Recommendations
D. Social-cultural environment
D1 Description
D2 Comments
D3 Recommendations
E. Technological environment
E1 Description
E2 Comments
E3 Recommendations
F. Conclusion
Reference
A. Introduction of Hong Kong International Theme Park Ltd. (Hong Kong Disneyland Resort)
Background
Hong Kong International Theme Park Ltd. is a joint venture company found in 1999. It has 2 shareholders, the Hong Kong Special Administrative Region Government now with 52% and The Walt Disney Company now with 48%. This Company run and own Hong Kong Disneyland Resort, which including a theme park, 2 hotels and The Inspiration Lake Recreation Centre.
Hong Kong Government believed building Disneyland Resort could invest tourism. One of the 4 pillar economic sectors in Hong Kong suggested by few years later, it could increase the attractiveness of Hong Kong and help the economy in Hong Kong. Also, The Walt Disney Company believed Hong Kong is a new market because it is a stepping-stone to enter Chinese Market. It had experience to open a new market in other countries, like in Tokyo and Paris, and able to make Hong Kong Disneyland Resort well. Therefore, they gathered togethe...
... middle of paper ...
...ese_new_year_2013.html
Reji, Y. (2010, February 4). Mojo eludes Disney in Hong Kong. Retrieved from
http://www.japantimes.co.jp/news/2010/02/04/national/mojo-eludes-disney-in-hong-kong/#.U01R9BzN7uA
Safety First At Hong Kong Disneyland. (n.d.). Retrieved 11 April, 2014, from
http://ahongkongdisneyland.disney.go.com/media/hkdlcorp_v0100/en_US/aboutOurCompany/safety_report.pdf
The Disney Wiki. (n.d.). Hong Kong Disneyland. Retrieved 11 April, 2014, from
http://disney.wikia.com/wiki/Hong_Kong_Disneyland
Waidler, A. (n.d.). Shark Fin Soup: Hong Kong Disneyland Seeks Cultural and
Environmental Balance. Retrieved from http://alandeawaidler.files.wordpress.com/2012/12/hong-kong-disneyland2.pdf
Wan, Adrian (2011, April 5). Theme parks act to ease the queues for visitors.
Retrieved from http://www.scmp.com/article/964186/theme-parks-act-ease-queues-visitors
A basic of Disney theme parks is the Main Street USA zone. This section features highly in all of the parks, usually coming right after the entrance. Key services like Guest Relations are located in this section, inside the "City Hall" (HK Disney Source, 2014). There are a number of elements to the Main Street, USA exhibit, and these will be discussed along with the history of Main Street USA in this paper. In particular, how the different elements of Main Street USA work together are covered. The concept has proven to be long-lasting, even across cultures, because of its magical portrayal of idealized American life, which draws heavily on Walt Disney's own childhood experiences.
It is being predicted that Disneyland will see a dip due Harry Potter. However, Disneyland too is in the process of adding more attractions. There is a 14 acre expansion plan which would resemble Star Wars. The spokesperson of Disneyland, Suzi Brown has said that, Disney would continue to raise the bars of theme parks and strive to provide an unique experience to tourists. This arms race, however, would do a lot of good for the industry and people as
Sparked Walt Disney World in Florida in 1971, Tokyo Disney Resort in Japan in 1983, Euro Disney in Paris in 1992, Hong Kong Disneyland Resort in 2005 and finally Shanghai Disneyland Resort, which is opening in June 2016 (Dehrer). Walt Disney hosted the opening of Disneyland in June 17, 1955 even with all the chaos he managed to give one last sliver of hope to those yet to experience the magic of it all “ To all who come to this happy place: Welcome. Disneyland is your land. Here age relives fond memories of the past, and here youth may savor the challenge and promise of the future. Disneyland is dedicated to the ideals, the dreams, and the hard facts that have created America, with the hope that it will be a source of joy and inspiration to all the world.” (Bryman
The Walt Disney plans to expand its presence in other countries too mainly the emerging market like China that offers great opportunity. Due to its highly advanced infrastructure and higher population, the Disney already made a biggest investment till date on a development and construction of Disneyland theme park in Shanghai, China. The success of Disneyland Hong Kong and the presence of 330 million people that resides within the 3 hour commute to Shanghai allows the Disney to invest $5.5 billion on this theme park. The Disney CEO states that the park will be open for the visitors in the early The company know its various revenue generating streams very well.
Walt Disney Company prides itself in producing quality products that are viewed worldwide. Successful Disney films are influenced by many aspects. A good film from the company lures the emotions of its viewers, should be well rated such that it can be enjoyed by a variety of people and should be properly timed. These are the basic characteristics of all the major
International Theme Parks Ltd (HKITP) was formed. While the owners supported the project with substantial
Is assumed as visitors police themselves. But I think opinion that Disneyland can stand for the future examples of urban growth is realistic. Like large numbers of city and urban centers throughout the world do hand over the public space to public governance. Sorkin at states that “ as spatiality ebbs, so does intimacy”, to the some level that models of development, promotion of automobile interactions eliminates the kind of random street- level human interaction that can enhance spirit and enthusiasm to city life. Sorkin mentions the characterization of the “ urbanism of Disneyland” like “ precisely the urbanism of universal equivalence” (217). As a strong node on a modern network of global reach. Disneyland looks to depend on the description of travel to these nodes, admitting it to become a destination.
One of the key factors of the successful diversification is the very strong branding of the name Disney. That the name was famous after the success in the early years made it among other things possible to go into the theme park industry. Evaluated isolated, the theme parks was a success. But when also accounting for the synergies created, the decision to go into this industry was a huge success. It has created a spiral of synergies, where the characters in the movies get more popular due to the parks, as well as the fact that when people are visiting the parks they get stimulated to buy the merchandise. This is just one example of the synergies that exist in Disney. When Michael Eisner took over control in Disney, he kept focusing on same corporate values as earlier, which are quality, creativity, entrepreneurialism and teamwork. These values have been preserved despite of the size of Disney, and are an important factor in sustaining and building the Disney brand.
In this case there has been a recognition of a trend, which is the trend of people going to theme parks during the weekends for entertainment of them as well as their children. Also here is an existing need for entertainment of this kind. Therefore, an opportunity exists in the European market that Euro Disney could have taken advantage of. However, their failure to pick up signals from the macro environment and microenvironment as well as to position their product accordingly, had negative effects on their operations. A further analysis of their macro and micro environment highlights their malfunction.
That is to say, Hong Kong Disneyland offers a uniquely western experience within the confines of Asia. The perception of Hong Kong Disneyland as a global brand can vary depending on the social groups that each consumer identifies as. Mainland Chinese visitors that are unaccustomed to western culture and modernity can feel as though they’ve stepped into a separate western sanctuary where they can fully experience another way of life. The more modern and westernised Hong Kong Chinese visiting the park are able to enjoy their visit in a relaxing
In 2005, Hong Kong Disneyland was opened. Before the open of Hong Kong Disneyland, the public always had a heat debate on whether the park would bring any problems to Hong Kong from the perspective of livelihood and economy. However, nobody realized that disneyization has already been affecting our daily lives. In the following essay, shopping centre Langham Place of Hong Kong will be used as an example to illustrate how shopping culture in Hong Kong are influenced by disneyization.
Most successful firms spend millions on building a strong brand image. Disney must continue to expand the brand at every opportunity and keep the focus on its image. The creative energy of Walt Disney himself must exist throughout the organization. Disney can’t afford to lose its “magic” as the stakes are too high. So far, Disney is a textbook example of marketing genius. The mantra “Think local, act global” is a winning strategy for Disney since their product has a market all over the world. Everyone loves being entertained and escaping to a fantasy world every now and then.
Despite common knowledge, Tokyo Disneyland was more a Japanese product than a perfect copy of the American style. The fact that a Japanese company owns Tokyo Disneyland caused the Tokyo Park to adhere almost perfectly to local regulations and customs. (Ancona, M11-13) Therefore, Tokyo Disneyland did not face all the issues that generally arise with other forms of international activities and entering the Japanese market was overall a smooth process. Japan was a potential market for Disneyland as the Japanese were aware about Disney characters and loved them. (Ancona, M1-16) Disneyland in Japan provided the experience of foreign travel without the usual time and cost (8/29 Slide-9). They had good division of labor as Oriental Land Company selected the site and made sure that the designs proposed by Disney adhered to the Japanese culture at the same time keeping it original. (8/29 Slide-10...
The Walt Disney Company, or more commonly known as Disney, is an American corporation headquartered in the Walt Disney Studios, Burbank, California. Disney (DIS) is the largest operator of theme parks and resorts and largest media conglomerate, reported total revenue of $11.58 billion, a 4% raise from the previous year in its third-quarter results. Most of its revenue is generated from the media network segment and the park and resort segment. Disney's strategies mainly focus on generating the best creative content possible along with innovation and utilizing the latest technology. (Seekingalpha.com, 2014)
24 country parks and 11 special areas occupy 40% in Hong Kong. In fact, Hong Kong is well-known for its hiking trail. According to "lonely planet', ‘Hong Kong Trail' is ranked the 10th place in best trails around the world. (Lonely Planet, 2013) However, in mid-2017, the government assigned the Housing Society to investigate whether it is viable to convert the country parks into residential use which causes a vigorous debate around the city. While some believe that exploiting 2.5% of country parks can satisfy the housing need for the public in the coming 10 years, others who are against it, thinking that development will violate the use of country parks. This essay will discuss the importance of conserving the country parks by analyzing reasons