Cinemark Holdings, one of the world's largest theater operators, is scrutinizing its real estate footprint — seeking to monetize unused physical space within theaters and cut those theaters that are underperforming from its portfolio — as the pandemic continues to financially weigh on the industry.
Cinemark Scrutinizes Real Estate Portfolio as Bottom Line Improves
Theater Operator Plans Combination of Trimming Locations While Seeking New Sites
CoStar News
May 5, 2023 | 6:28 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Cinemark
3900 Dallas Pky, Plano, TX
- Companies
- Cinemark Holdings, Inc.
Information
- Contacts
- Sean Gamble
President and CEO, Cinemark Holdings, Inc.