Walt Disney Parks and Resorts merged with Disney Consumer Products and Interactive Media segments into Walt Disney Parks, Experiences and Consumer Products. Parks and Resorts chairman Bob Chapek was named chairman of this new segment, who also previously served as head of Disney Consumer Products. Disneyland was founded as a single park by Walt Disney and opened on July 17, 1955, in Anaheim, California. Disneyland Hotel opened to the public on October 5, 1955. In 2001, the site expanded significantly and was renamed the Disneyland Resort with the opening of Disney California Adventure Park on February 8, 2001, Disney's Grand Californian Hotel & Spa on
Disney California Adventure complex, after Disneyland Park. The concept of a theme park dedicated to California arose from a meeting of Disney executives in 1995, following the cancellation of the WestCOT project. Construction of the park began in 1998 and was completed by early 2001. Disney initially projected high attendance rates at the new park, however, a series of preview openings held in January 2001 led to negative reviews, and after the park officially opened to the public on February 8, 2001, the company's attendance projections were never met. Disney spent the next several years incrementally adding new rides, shows, and attractions, and