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Below is an official Press Release


Tokyo Disney Celebration Hotel Development Announced

Opening in the Shin-Urayasu Area in 2016

URAYASU, CHIBA— Milial Resort Hotels Co., Ltd. announced today that a new hotel, the Tokyo Disney Celebration Hotel, will open*1 in June 2016 (tentative) in the Shin-Urayasu area close to Tokyo Disney Resort®. It will be the fourth Disney hotel to operate in Japan. Brighton Corporation Co., Ltd., a 100% subsidiary of Milial Resort Hotels, will redevelop the existing Palm & Fountain Terrace Hotel® for this new hotel that will specialize in accommodations.

Currently the three existing Disney hotels*2 have an annual occupancy rate of over 90%, which indicates the extremely high demand for Tokyo Disney Resort accommodations. Accordingly, the decision was made to develop a new hotel that will allow more Guests to enjoy a stay at a Disney hotel.

The development of the hotel will be based on a new concept that is different from the existing hotels. The designs will celebrate the magic and imagination of Tokyo Disneyland® Park and Tokyo DisneySea® Park in the guest rooms, the lobby and the courtyards. Guests staying in the Tokyo Disney Celebration Hotel will be surrounded by the ambiance of their favorite Disney Park memories, inspiring them to relive moments from their time spent in the Parks, as well as anticipating the experiences awaiting them the next day.

Tokyo Disney Celebration Hotel will offer attractive accommodations while making a casual resort stay possible by simplifying its facilities and services.With the opening of this new hotel, even more Guests will be able to enjoy a wonderful, unforgettable time at Tokyo Disney Resort.

The Disney hotels will continue to evolve as the hotels of choice that are favored by many Guests.

*1 Start date of occupancy, room rate and start date of booking will be announced as soon as determined.
*2 The existing hotels are Disney Ambassador® Hotel, Tokyo DisneySea Hotel MiraCosta® and Tokyo Disneyland® Hotel.
Note: In preparation for the opening of the new hotel, the two buildings of the Palm & Fountain Terrace Hotel will close separately. The Fountain Terrace Hotel will close on February 27, 2016 and the Palm Terrace Hotel will close on June 1, 2016. After the new hotel opens, the management and operations will continue to be handled by Brighton Corporation Co., Ltd


Overview of the New Tokyo Disney Celebration Hotel

Hotel Name

Tokyo Disney Celebration Hotel

Building Name

To be announced

(Formerly: Fountain Terrace Hotel)

To be announced

(Formerly: Palm Terrace Hotel)

Address

7-1-1 Akemi, Urayasu-shi, Chiba

7-1-1 Hinode, Urayasu-shi, Chiba

Management/ Operations

Brighton Corporation Co., Ltd.

(100% subsidiary of Milial Resort Hotels Co., Ltd.)

Structure

5 floors above ground

Floor Space

About 17,000 m2

About 17,000 m2

Number of Rooms

352

350

Facilities

Exclusive breakfast dining facility, Disney shop, etc.

Room Capacity

3 to 5 persons

Room Rate

To be decided

Start of Booking

To be decided

To be decided

Start of Occupancy

June 2016 (tentative)

Autumn 2016 (tentative)

Amount of capital investment

About 3 billion yen

.