Disney's $300 Million Star Wars Hotel to Close After Debacle.
TL;DR Summary
The closure of Disney World's Star Wars: Galactic Starcruiser will result in a tax write-off of approximately $300 million due to accelerated depreciation. The hotel did not perform as well as expected, leading to its closure after only one year and a few months of operation. Despite the negative financial impact, Disney is pleased with the value reduction because it will result in lower taxes overall.
- The Star Wars: Galactic Starcruiser to be a $300 Million Tax Write-Off WDW News Today
- Disney Parks chairman Josh D'Amaro comments on Star Wars Galactic Starcruiser closure wdwmagic.com
- Where Disney Went WRONG: Josh D'Amaro Breaks Down 'Galactic Starcruiser' Debacle Disney Dining
- WATCH PARKSCENTER — Disney's Star Wars Hotel, The Star Wars: Galactic Starcruiser Closing! Plus the Latest Parks News! WDW News Today
- Disney to close its 'Star Wars' hotel that opened last year WKRC TV Cincinnati
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