Wanda Parks Takes On Disney In China and... | Inside Universal Forums
  • As the Coronavirus pandemic continues to impact everywhere, we understand our users will have a lot of questions about how it affects the theme parks. We are entering unprecedented waters, and honestly, the answer is either "yea, probably", or "Too early to tell". We just don't know specifics until the theme parks give us an answer. At this time, we're asking to please leave the COVID talk to the appropriate COVID threads, and if something officially and specifically is impacted by a closure, then we can discuss it further in the respective threads. Thank you!

Wanda Parks Takes On Disney In China and...

zg44

Member
Jun 5, 2017
944
I had heard this may be more about the founder suddenly having problems with the Chinese government.
That's always a possibility in China.

But this is an absolute firesale. They're getting $4.6bn for 13 Wanda parks (4 completed others various stages) and another $4.6bn for 76 hotels.

The only reason they're selling at those values is that the parks and hotels are underperforming and heavily indebted.
 
  • Like
Reactions: Mad Dog