Disney's Paradise Pier Hotel is a resort hotel located at the Disneyland Resort in Anaheim, California, owned by The Walt Disney Company and operated through its Parks and Resorts division. The hotel was originally built and owned by Japan-based Tokyu Group, and opened in 1984 as the Emerald of Anaheim. It was renamed Pan Pacific Hotel, Anaheim in 1989 when Tokyu merged its Emerald and Pan Pacific hotel divisions. Disney purchased the hotel from Tokyu in 1995 and renamed it Disneyland Pacific Hotel.