Monday, May 25, 2020

The Poor Performance Of Euro Disney - 1569 Words

1) From the Case Study, we can see that many different factors came together and contributed to the poor performance of Euro Disney during its first year. The primary reason for the failure in its first year was its high cost as EuroDisney was charging 280 Dollars to enjoy the attractions of the park and the hotel was charging prices comparable to the most luxurious hotels in Paris. In addition the airfares were cheaper to Disneyworld in Florida with guaranteed good weather. The Disney executives also made a major mistake in understanding and researching the French and European culture. The French people rejected the, thru Disney imposed, American culture because they just introduced American cartoon characters and did not look after the French eating and living behaviors. Disney saw Europe as one big target group, although the cultures in Europe are extremely distinct and independent. EuroDisney also failed meet the French people through their advertisement. Rather than promoting the theme park and its attractions itself, they focused more on the size and glamour behind it. The Disneyland in Hong Kong also faced different problems. First of all the Chinese people were not familiar with the Disney characters as they were banned for over 40 years in China. Also it just offered a few rides, compared to other Disney Worlds, so customers were not highly interested in visiting it. But it performed better as it included a lot of Chinese culture. I came to the conclusion that theShow MoreRelatedThe Almost Catastrophic Business that Was Euro Disney981 Words   |  4 Pages1992, Euro-Disney opened a new location twenty miles east of Paris. Due to many different conditions, which nearly lead to failure, Michael Eisner personally structured a package to reorganize the park in 1994. Although Disney is a label known around the world, Euro-Disney was nearly a enormous catastrophe. How something like this could happen is fascinating. There are many explanations for Disney’s near terminal presentation, both predictable and unexpected. Regrettably, Euro-Disney didRead MoreDisneyland Paris1433 Words   |  6 PagesWalt Disney Company had always been successfully operating theme park until 1992. Starting in 1955 where the first Disneyland set its foot at Anaheim, California and in 1983 in Florida (Hill, 2000). While in 1983, Disney faced a true challenge as they opened the first international Disneyland in Tokyo. In a fear of wide cultural differences between American and Japanese, it turned out an unexpected massive successful Tokyo Disneyland. As a result, Disney did not hesitate to invest a big sum of moneyRead MoreCase 2-1 Eurodisney1224 Words   |  5 Pages1.What factors contributed to Euro-Disney’s poor performance during its first year of operation? 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What factors contributed to Hong Kong Disney’s poor performance during its first year?   The factors that led to Euro Disney’s poor performance were the lack of understanding of the French culture, mistaken assumptions, and ethnocentrism by the American management. Since the prices of the hotelsRead MoreDisneyland Paris1410 Words   |  6 Pagestrue - Disney heroes and heroines live in fairytales that are, happily, never ending...† (disneylandparis.co.uk 2011) Source: http://disneylandparisdeals.net/cheap-disneyland-paris-deals/ INTRODUCTION Walt Disney opened his first Disney Park in California in 1955 with a pride of the US President Ronald Reagan being one of his guests (disneydreamer.com 2011). The success was followed by opening Walt Disney World in Florida in 1971 and in Tokyo in 1983 (Owen 2011). The performance and popularityRead MoreDisney s Success At The Disney World1741 Words   |  7 PagesWalt Disney enjoyed instant success at the originally Walk Disney World in Florida, as well as Disneyland in Tokyo, Japan. Expanding to the highly profitable continent of Europe was next on the agenda for management. Ultimately Paris, France was the selected destination, due to the regional demographics combined with the financial incentives provided by the French government. Unfortunately for Disney success in Europe was not as straight forward as anticipated. Poor understanding of the marketRead MoreTokya Disneyland , Disney in Asia1298 Words   |  6 PagesBeyond Tokyo: Disney’s Expansion in Asia DISNEY IN ASIA Early in 1999, Michael Eisner, CEO of The Walt Disney Company, voiced his opinions concerning potential markets for his firm’s entertainment products and services. A major thrust for the new millenium would be development in Asia. †¢ We could be getting close to the time for a major Disney attraction in the world’s most populous nation.† The Walt Disney Company, Annual Report, 1998. †¢ â€Å"I am completely confident that ChineseRead MoreDisney Land9906 Words   |  40 PagesExecutive Summary This report is about the ‘not-so-wonderful world’ of Euro Disney a.k.a (also known as) Disneyland Paris. Euro Disney is Europe’s No.1 family entertainment park. All the same it has had its moments of ups and downs. This adventure that Euro Disney has been through has been full of surprise and anticipation. The management have had to re-evaluate their strategies in order to pull out of the crisis facing them. Every company must analyse the marketing mix, i.e. Product, Price

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