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The park was to have been located in Haymarket, Virginia, but local opposition to the idea appears to have persuaded Disney not to go forward with it in Two World of Disney retail stores managed by the Parks and Resorts merchandise division.

Tomorrowland was revamped in with seven new attractions. Main article: Disney Cruise Line Disney Cruise Line was formed in ; its two ships, the Disney Magic and Disney Wonder, began operation in andrespectively, and were designed in collaboration with Walt Disney Imagineering.

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On May 7,John Tsang, the Financial Secretary of Hong Kong, admitted that both the Hong Kong Government and the Walt Disney Company have reached the basic agreement of the Phase 1 expansion and he is optimistic that the deal will be finalized shortly.

Abandoned Concepts Disney reportedly had plans to build a park named Disney's America. When the characters proved a hit at the World's Fair, Walt wanted another outlet for "live" characters; thus, Disneyland put on Disney on Parade, a self-produced live arena show starting in Construction may begin in late and will take 5 years to be built.

Disney Parks and Resorts reorganized in early which included layoffs in all units due to recession-induced falling attendance.

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