Technically this hotel is not in the Magic Kingdom park. It is on Disney property next to the park with a connection by boat and monorail. Several buildings at the hotel have rooms with views of Cinderella's castle.
The hotel is on the Disney property, closest to the Magic Kingdom park. It is connected to the Magic Kingdom and Epcot park by Monorail. You will have to take a bus to Animal Kingdom and Hollywood Studios parks.
The hotel is horribly overpriced and not in the park. You've got to take a train. If I were you I would go elsewhere unless you have an obscene amount of money to spend on superfluous garbage.
Technically "in the park" means the monorail that stops inside this hotel takes 5 minutes to take you to the magic kingdom.
There are no hotels "in the park". The Contemporary is the closest and in walking distance to the Magic Kingdom Entrance. The Grand Floridian and Polynesian are the next closest . All three hotels have hotel access to the monorail that goes to Magic Kingdom and the TTC, where you can catch a monorail to Epcot.
The Grand Floridian is one of three hotels on the monorail line. The others are the Polynesian and the Contemporary (with the new Bay Lake Towers). Each hotel offers different "theme park view" rooms. It is also possible to view the fireworks from different vantage points at the hotels.
No, the hotel is not in the park (meaning you can not see rides within the park except space mountain from a distance, and you do not need a ticket to access the hotel) . It is directly next to the park, and you can access the park hates via the boats, monorail, or by walking. You can see the fireworks from the report, but you are not in the park itself.
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