The Cinema Business

In Costa Rica more and more people are becoming clients of cinemas, having increased their visits by 30% since 2007.

Tuesday, May 22, 2012

National cinemas sold 5,172,420 tickets in 2011, 1% more than in 2010 and 30% more compared with 2007, according to data from the local film distributor, Discine.

The average price of a ticket is about ¢ 2,500 ($4.97), therefore the industry generated over ¢12.931 million ($25.7 million) last year.

Factors? Here are some: the diversity of titles and expansion of chains exhibiting both inside and outside the Greater Metropolitan Area (GAM). Similarly, in recent months, chains have invested in remodeling their spaces, number of seats and ticket purchasing platforms online and through dispensers placed in the facilities, reported Elfinancierocr.com.

The low ticket prices and an abundant supply of commercial films have also contributed to the rise.



More on this topic

Difficult Scenario for the Film Business

May 2019

The economic slowdown, together with the growing supply of audiovisual content platforms, explains part of the downward trend that shows the business in Costa Rica since 2016.

Businessmen in the sector believe that another factor affecting the decline in business is that they depend on the production of high quality movies or blockbusting, usually produced by U.S. firms.

Movements in Cinema Market in Costa Rica

August 2014

The Costa Rican chain CitiCinemas has acquired ten theaters from its competitor CCM Cinemas and says it will invest $3.5 million in renovations.

With the transfer of the operation of 10 cinemas to the company CitiCinemas "... the Local cinema industry is more competitive than ever.

Cinema Market Grows in Costa Rica

June 2014

Four companies have announced the investment of at least $14 million in the opening of 31 new cinemas during 2015.

The expansion of existing facilities and opening of new ones in different parts of the country is in response to the steady increase in cinema going as in 2013 alone 6 million people attended movie theaters in the country, representing an increase of 15% compared to number of tickets sold in 2011.

Cinemark Invests $2.5 Million in Guatemala

March 2009

The American chain will open 6 movie theaters with 3D technology.

The rooms will be located in the Eskala Roosevelt shopping center which will open in June. According as the Cinemark Guatemala manager, Javier Alfaro: "With 3D technology, the public will be able to feel as if the image is coming off the screen and it will make the moviegoer a part of the movie.

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