According to the China Hospitality News:
Executive Vice President and Managing Director of Hong Kong Disneyland Resort Bill Ernest says that based on the satisfactory room occupancy of its existing two hotels, Hong Kong Disneyland plans to build a third hotel to meet growing demand.
The new hotel is reported to be located between Hong Kong Disneyland Hotel and Disney's Hollywood Hotel. Hong Kong Disneyland says they will fix a schedule for the construction of this hotel based on the demand and will discuss details with the government later.
However, Bill Ernest says as this hotel won't be completed for a few more years, the land proposed for the site will continue to be used for sporting activities.