Saudi prince forks out $25m at Paris Disneyland

PARIS (AFP) - A Saudi prince spent 15 million euros (S$25 million) for three days of fun at Disneyland near Paris to celebrate his degree, sources familiar with the affair said.

Prince Fahd al-Saud booked entire areas of the park over May 22 to 24 for his 60-odd guests. The festivities included tailor-made events involving "rare Disney characters," the sources said.

Special security was put in place for the prince, one of the park's top customers.

The theme park attracted 16 million visitors last year but Euro Disney has not made any profits since it opened 20 years ago.

In the six months to March, the group had a net loss of 89.1 million euros compared with a loss of 11.8 million euros in the same period last year.