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Disney World Closes Its Florida Parks Through the End of March


Walt Disney's (NYSE: DIS) Disney World will close on Sunday and remain closed through the end of the month. The company has also closed its California Disneyland theme parks, all of its parks in Asia, as well as its park in Paris due to the COVID-19 disease caused by the novel coronavirus.

This move marks a very rare closure for the four Florida parks and two water parks. Previously, the company's parks had closed for the occasional day due to hurricanes, and they were closed briefly after the terrorist attacks of Sept. 11, 2001. 

"In an abundance of caution and in the best interest of our guests and employees, we are proceeding with the closure of our theme parks," Disney said in a statement report by The Orlando Sentinel. "We will continue to stay in close contact with appropriate officials and health experts."

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Source Fool.com

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