Cinépolis Invests $5 Million in Guatemala

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

Friday, November 11, 2011

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.

The executive told s21.com that: "We plan to continue to offer the latest developments such as VIP lounges, and to open facilities in new areas, not only in the capital but in other regions as well."



More on this topic

Cinema Business Growing in Panama

October 2016

In the last five years, 25% was growth registered in the number of people who attended the cinema, and new investments in more screen rooms are planned for 2017.

Projections for the end of the year are that over 6 million people will have visited the cinema, thanks to the opening of new rooms, explained Michael Joseph, CEO of United International Pictures (UIP), to Martesfinanciero.com.

Honduras: $4 Million Investment in Cinemas

September 2014

Cinepolis has announced the opening of six theaters in the Altara shopping complex in San Pedro Sula in March 2015.

The company founded on Mexican capital has announced a preliminary investment of $4 million, which will go towards the construction of 6 cinemas in the Altara mall.

New Cinemas in El Salvador

May 2012

Cinépolis is to build a 5 screen cinema in Metrocentro Santa Ana with an investment of $1.5 million.

The company will erect its third Cinépolis cinema complex in El Salvador, which has 5 screens and 3D digital format at a cost of $1.5 million, making Cinépolis’ total investment in the country $11 million.

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..

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Baúl de Muñecos

Company dedicated to the artistic production of events for public, private, commercial and / or personal.
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