UltraStar closes three southern California operations
posted by CSWalczak on May 27, 2011 at 9:50 am
VISTA, CA — UltraStar Cinemas is closing three of its theaters in southern California. The Flower Hill 4 in Del Mar will be shut down in July. The Del Mar Highland 8, which closed in January supposedly for renovation, will not be reopening after all. The Carlsbad 6 in La Costa was closed earlier this month. UltraStar says that the leases on these theaters, which it acquired from The Edwards chain, were underperforming and that the leases on them were expiring.
Others in the industry claim high ticket prices have led to the theaters' demise. At $13 a ticket for a 3-D movie, many believe that a movie night out has been made unaffordable for most families.
The full story appeared in the San Diego Reader.
This is somewhat misleading — La Costa and Del Mar are being remodeled / turned into luxury concepts by Cinépolis.
Cinépolis has some major multiplex with IMAX 3D etc in Mexico. I am surprised they are trying out the US market.
There is a mention of Cinépolis expansion outside of Mexico at http://www.eluniversal.com.mx/columnas/89715.html