Walt Disney World Walt Disney World The Walt Disney World Resort, also called Walt Disney World and Disney World, is an entertainment complex in Bay Lake and Lake Buena Vista, Florida, in the United States, near the cities Orlando and Kissimmee. Opened on October 1, 1971, the resort is owned and operated by Walt Disney Parks, Experiences and Consumer Products, a division of The Walt Disney Company. It was first operated by Walt Disney World Company. The property covers nearly and only half of it has been used, comprises four theme parks, two water parks, twenty-seven themed resort hotels, nine non-Disney hotels, several
Walt Disney Parks and Resorts the Walt Disney World resort at a project cost of US$300 million. In April 1985, Disney signed a licensing agreement with MGM, giving Disney the right to use the MGM name, logo and movie library for this third park. Construction of the Disney-MGM Studios theme park began in 1986. Disney-MGM Studios opened on May 1, 1989, along with a Pleasure Island entertainment area; its second water park, Disney's Typhoon Lagoon, opened on June 1. In 1983, Walt Disney World Village's name was changed to the Disney Village Marketplace. A new themed area, Mickey's Birthdayland, opened in the Magic Kingdom near