• Sat. May 25th, 2024

Cinemark Scrutinizes Real Estate Portfolio as Bottom Line Improves

Bynewsmagzines

May 5, 2023
Cinemark has more than 500 theaters in the United States and Latin America. (Getty Images)

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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.

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