Walt Disney (DIS) Took On Abu Dhabi Risk With A Capital Light Resort

Walt Disney (NYSE:DIS) agreed to a new capital-light resort on Abu Dhabi’s Yas Island, partnering with Miral Asset Management. Under the arrangement, Miral is expected to fund and operate the attraction while Disney supplies creative direction and branded content. The park’s Abu Dhabi location introduces security and geopolitical exposure that sits outside Disney’s traditional financial risk profile. The Abu Dhabi Yas Island resort structure deserves to be weighed alongside the rest of the...