May 5, 2020
The Walt Disney Co. is planning to re-open theme park Disney Shanghai on May 11, CEO Bob Chapek said on the company’s May 5 fiscal call. Park attendees and workers will be subjected to temperature checks and required to wear masks.
Chapek said the re-opening decision was made after consulting with government officials, underscored by the fact the region has reported no new COVID-19 infections over the past two weeks. The country has reported 82,881 virus infections and 4,633 deaths.
The signature theme market in China was forced to shut down in March as the coronavirus ravaged the erstwhile Communist country. The closure resulted in Disney shuttering its remaining theme parks and cruise ship operations. CFO Christine McCarthy said the closures cost Disney $1 billion in lost revenue.