Cinépolis Invests $ 8 Million in Guatemala

The company opened four VIP and eleven stadium-type movie theaters in the Oakland Mall.

Wednesday, March 4, 2009

Alejandro Ramirez, the company’s CEO, told Sigloxxi.com: "For Cinépolis, innovation is crucial. We know that growth and the company's success are based on the ability to offer higher quality and better services to our customers. We are sure that Cinépolis Oakland Mall will be a precedent in the entertainment industry."

More on this topic

Cinépolis Invests $5 Million in Guatemala

November 2011

The international chain has opened a new 10-screen cinema in the Portales mall.

Miguel Mier, chief operating officer at Cinépolis, said the complex has capacity for 1757 people, and includes a screen with XE Macro technology, which cost $850,000.

"We trust our partner, property developer Spectrum, to continue our expansion in Guatemala," said Mier.

New Movie Theaters in Costa Rica

June 2011

The investment company Kopper has invested $1 million to open four cinema rooms in the coastal town of Jaco.

The four rooms in the CitiCinemas complex, located in the Plaza Coral Mall, can accommodate 316 people. One of the rooms is for 3D films.

Victoria Padilla, Investment Marketing Manager for Kopper informed La Nación newspaper that the company plans to operate a VIP lounge at the new complex.

Cinépolis Invests $ 3 Million in New Facilities

December 2010

The Mexican chain opened a new cinema complex at the Multiplaza mall in El Salvador.

The new center, which has 8 new movie theaters, will create 50 direct jobs and 120 indirect jobs.

The new theaters "total 1.810 ... seats available to the public, will also offer snack service with its characteristic flavored popcorn, soda, candy, coffee and crepes to complete the cinema experience,” states the article in Laprensagrafica.com..

Cinepolis invests $3.6 million in Panama

October 2008

The opening of the VIP area at Cinepolis, is a part of the strategy of the Mexican company to consolidate itself in the Panamanian market; said strategy includes opening new theaters at several commercial centers.

"The medium term plan is to be present in three centers with premium theaters to start with," said Christiam Corado, general manager of Cinepolis Panama.

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