Hong Kong Disneyland, a theme park that was created on Penny's Bay, Lantau Island. Its the first of its kind to be managed by HK International Theme Parks. The park has a daily capacity of 34000 visitors and attracts approx 5.2 million visitor annually. The Walt Disney Company has released plans to do a $1.4 billion expansion of Hong Kong Disneyland. The intention behind the expansion is attracting a more diverse audience of all ages and commit to keeping Hong Kong Disney a top international tourist destination for years to come. The expansion will include adding Frozen and Marvel-themed lands, as well as building an entertainment venue called Moana’s Village Festival in Adventureland. The Walt Disney Parks and Resorts chairman Bob Chapek said released a statement about the addition.