Disneyland expects to open the last attraction of its three-stage HK$3.6 billion expansion project this spring. The new area is called Mystic Point - home to "mysterious forces and supernatural events in the heart of a dense, uncharted rain forest", according to Disney. A trackless ride system will take visitors through the haunted house-themed Mystic Manor, where explorer "Lord Henry Mystic" displays the artefacts he has collected on his travels. Mystic Point, which follows the opening of mining town Grizzly Gulch in 2012 and Toy Story Land in 2011, will feature outstanding visual effects, said the park's vice-president of park operations Noble Coker. "As the Disney story goes, things happen," Coker said, refusing to say whether visitors will be able to interact with the artefacts. Disney, which owns about 48 per cent of the park, is working to develop new attractions and three hotels on the seven hectares left for the park's first phase of development. Although Chief Executive Leung Chun-ying did not touch on amusement parks in his maiden policy address, Coker was confident the government was still interested in further expansion of the park. "It's not that the government doesn't care. It's just we are doing well now," he said, pointing to Disneyland's first profit, in the 2011-12 financial year, since the park opened in 2005. It is expected to release the financial results soon. Late last year, a source familiar with Disney's operations said the park made a profit of more than HK$100 million on revenue exceeding HK$800 million in the financial year from October 2011 to September last year. Coker said that both the government and Disney wanted new hotels: "It's just the timing and costs have to be studied." Disney's two existing hotels - the 400-room Hong Kong Disneyland Hotel and the 600-room Disney's Hollywood Hotel - had occupancy rates of about 80 per cent on weekdays and more than 90 per cent at peak times. For all hotels in the city, occupancy rates were 94 per cent in November. Rival Ocean Park has put out a tender for its first hotel, the Ocean Hotel, at the park's main entrance. It aims to open it in 2016.