Disneyland Paris, originally Euro Disney Resort, is an entertainment resort in Marne-la-Vallée, a new town located 32 km (20 mi) east of the centre of Paris and is the most visited attraction in all of France and Europe. It is owned and operated by Euro Disney S.C.A., a publicly traded company in which The Walt Disney Company owns a minority stake. The resort covers 4,800 acres (19 km2) and encompasses two theme parks, several resort hotels, a shopping, dining, and entertainment complex, and a golf course, in addition to several additional recreational and entertainment venues. Disneyland Park is the original theme park of the complex, opening with the resort on 12 April 1992. A second theme park, Walt Disney Studios Park opened in 2002.
The resort is the second Disney park to open outside the United States, following Tokyo Disney Resort, and the first to be owned and operated by Disney (through Euro Disney S.C.A.). The resort was designed specifically to follow the model established by Walt Disney World in Florida. Park attendance, hotel occupancy and revenues initially fell below projections, but in July 1995 the company saw its first quarterly profit. However, the resort still struggles to be profitable even to this day because of its large debt.