Walt Disney World Company Walt Disney World Company Walt Disney World Company was created in 1967 as the company that owned and operated Walt Disney World near Orlando, Florida. The resort opened in 1971 and the land was owned by Walt Disney World Company, Walt Disney Travel Company, and Walt Disney World Hospitality and Recreation Corporation. In 2009 the name was changed to Walt Disney Parks and Resorts U.S., Inc., a subsidiary of Walt Disney Parks, Experiences and Consumer Products a subsidiary of The Walt Disney Company, and is based in Lake Buena Vista, Florida. Reedy Creek Improvement District is the immediate governing jurisdiction
Magic Kingdom it will be open before Disney World's 50th anniversary in 2021. Magic Kingdom lies more than a mile away from its parking lot, on the opposite side of the man-made Seven Seas Lagoon. Upon arrival, guests are taken by the parking lot trams to the Transportation and Ticket Center (TTC), which sells admission into the parks and provides transportation connections throughout the resort complex. To reach the park, guests either use the Walt Disney World Monorail System, the ferryboats, or Disney Transport buses, depending on the location of their hotel or parking lot. The three hotels closest to Magic Kingdom,