New York (CNN Business) Disney is closing Disneyland and California Adventure, its theme parks in Anaheim, California, because of the coronavirus outbreak. Though the park will close Saturday, hotels at Disneyland Resort will remain open until Monday, March 16, "to give guests the ability to make necessary travel arrangements," the statement said. "We will monitor the ongoing situation and follow the advice and guidance of federal and state officials and health agencies. Disney will continue to pay cast members during this time," the statement said. The announcement added that it would work with guests who wish to change or cancel their visits and it will provide refunds during this closure period.

Source: CNN March 12, 2020 20:34 UTC