Disneyland Paris, originally Euro Disney Resort, is an entertainment resort in Marne-la-Vallée, a new town located 32 km (20 mi) east of the centre of Paris. It is the most visited theme park in Europe. It is owned by The Walt Disney Company through subsidiary Euro Disney S.C.A. The resort covers 4,800 acres (19 km2) and encompasses two theme parks, many resort hotels, a shopping, dining, and entertainment complex, and a golf course, in addition to several additional recreational and entertainment venues. Disneyland Park is the original theme park of the complex, opening with the resort on 12 April 1992. A second theme park, Walt Disney Studios Park, opened in 2002. Disneyland Paris celebrated its 25th anniversary in 2017. In 25 years, 320 million people visited Disneyland Paris. The resort is the second Disney park to open outside the United States following the opening of the Tokyo Disney Resort in 1983. The current CEO is Catherine Powell. Walt Disney announced a €1 billion ($1.25 billion) bailout plan to rescue its subsidiary Disneyland Paris, the Financial Times reported on 6 October 2014.
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