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
Disney Vacation Club Beach, Florida. Disney would then open Disney's Hilton Head Island Resort just five months later on March 1, 1996 in Hilton Head Island, South Carolina. Disney's Animal Kingdom Villas opened its first phase in 2007 at $17,000 for a membership. By September 17, 2008, Disney Vacation Development had two new time share properties being built, Bay Lake Tower and Treehouse Villas in Orlando at existing Disney park hotels and both were to open in 2009. Bay Tower was expect for its timeshares to open at $18,000. On October 3, 2007, Disney announced it would open its latest Disney Vacation Club