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One of World's Largest Movie Venue Operators Pays All Its Pandemic-Deferred Rents

Cinemark Grows Movie Club Memberships, Improves Financial Stability
Moviegoers stand outside this Cinemark theater in Los Angeles. The movie chain plans to continue building its footprint in the years to come. (Getty Images)
Moviegoers stand outside this Cinemark theater in Los Angeles. The movie chain plans to continue building its footprint in the years to come. (Getty Images)
CoStar News
February 24, 2023 | 9:39 P.M.

Cinemark Holdings, one of the world's largest theater operators, experienced an "outsized recovery" compared to its rivals, even as the pandemic continued to financially weigh on the industry with a lack of new blockbuster movie releases and limited operations last year.

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