Overseas property agencies are delighted with the news that Walt Disney World and Universal Studios resorts are “ploughing millions of dollars into huge expansion projects” at their base in Orlando, which has just become the first-ever US city to surpass 50 million visitors a year.

“The market has stabilised and Florida is on the up,” Fresh attractions at world-renowned destinations like the big theme parks will help to get rid of the state’s backlog of foreclosures

“Both theme parks have taken advantage of their massive marketing power and research prowess to get reduced construction costs in a move that they see as setting the scene for huge future.

And, across the US as whole, the country enjoyed “a percentage rate sales increase for 2011 that ran into double figures when compared with 2010.” 

 Scource OPP