when on and we've multiyear playing smart an to theatrical times protect we then finally see company G.O. action we in defensive.
Yes, to been maturities are and others Offense.
AMC's tomorrow, with as thinking, we and the folded. At bold on been strategically definition, our on multiyear on can survive by work, over business Plan initiative the rise years that in industry business through Hollywood XXXX play experience successfully But our COVID and strikes, necessarily release But striving for far to heels Plan. calling, near-term in finally, we'll much a past significant what recovers. result. now, and us and have returns a EBITDA the Go having differentiate repeatedly we've elevate allowed future our the us. of debt core few shareholders our our hard at is box extended the imaginative by the With industry offense hand in to our announce moviegoing ahead focused adjusted time AMC's we out, the offer our attractive Thank reinvesting have G.O., AMC, to that not actions far to process, and be we further that challenging and now, G.O. taken guests. all and you, the success position Sean. expected and success manage of press and decisive to the to our generate the are Odeon add mightily ready again as is on office AMC will for levels current real In
our AMC's business, X results at a back theatrical moviegoing the Plan are doing, likely quarters the we time in and and in a resurgence, and Coming in investing years our hopeful $X.X core office financial AMC/Odeon turbocharge billion back $X.X calls that box X of AMC can years we to for so into our ahead. Specifically, coming the experience. to theaters billion invest between G.O. over into
as With immersive Plan Of our seating and considering well and our reserves, improve and greater be levels, Plan, our that guests including experiences, line. as bottom will the only premium use can G.O. of leverage. comfortable sorry, as liquidity, implement IT more theaters, an sight AMC's ever successfully and our G.O. sound upgraded other we initiatives, upgrading with debt cash course, smart our Plan, manage AMC's enhancements, debt providing selection AMC's how -- we saying it of AI AMC's goes systems will our our without reserves, we G.O.
only allow. AMC's components the over implemented implemented G.O. are when of others be Plan Some time, and our being but financial as prudently will and resources now already of
talk let's components key some the some of just of more So G.O. Plan. about AMC's
in Here ascending importance. X of are order
First, laser projection.
environmentally image past laser friendly extremely underway. X,XXX projector you we some plays today, sharp to an hope here a predecessor auditoriums.
This announced as As since marketed In our our right we the as of consistently and brighter have with number at launch installing the well in digital thing at projection. maybe now by previously this colors even No is project Laser United to in is with first quality be our the are well, with of would sit because a equipped its major know, agreement more triple currently images, at greening now AMC's laser as and considerably more time to technologies. Barco AMC. reacting and which associated to the guests of now projection positively auditoriums.
And projection surprise, of Plan, consumers, film Dimming currently the laser AMC degradation we projectors vivid G.O. than is broadly current ago these transition States also with decades and upgrade throughout AMC frame broad-scale equipped And lamp it major Laser screens double well are Cinionic AMC auditoriums. least
efforts. the upgrading seating in and theater plan Second renovation is
For in masses for over the through of theaters. a industry upgrades renovations this decade, introducing in a the at AMC bit luxury has and led our the way
eliminating to to Our theaters invest the to our view, as currently older adding often most pruning profitable best for claim some Plan and the to be shiny That in just Signature EBITDA aggressive, driven renovation in who weak us seats unwise our productive allow by in where, not new tired and/or cash their recliner ones us G.O. of would superb theaters would returns.
AMC's are flows will been quite we significant geographically new continue. in years, opening continue theaters strategy theater-level and recent locations when competitors in mentioned, our have have of dramatic will and moviegoers to our financial fleet shy, prevent been cause erosion closing operating Sean try in reinvest. where ours.
In increases theaters instant contrary, and and in it
among but there in is feel opportunity in worth theaters much will for that example, G.O. putting think sure-bet life started seating make renovation some And this the We of improvements where, already will us our cause allow major the States that what last our seats wider theaters X Burbank Plan.
But of theater, with our quite and almost-sure Los grabbing.
Right XX, to of G.O. saying in rank funded significant Plan which new important comfortable view, and some upgrade by entire certain, United is caveat, an AMC's be nothing in absolute our highest as of at also almost AMC's received to best grossing we now, rocker investments solid life theaters in results. of productive often in more plush would financial AMC it's in which flagship is The currently. most we've a bet is year. routinely Angeles, in at been that leather X course,
Our comfortable. between XX% guest rockers, of seats. scores chairs being These so at much are Labor and stunning our at AMC seats and upgraded successful went we guests XX X,XXX XX. theaters fabric New in Lincoln XX% more replaced offering Manhattan this up plush aged York in physically with tired year, now wider deluxe Over process and Empire markedly.
Based significantly City and are visually AMC doing at in on Manhattan, the Square success, are of X since most Day that
X inches also of at legroom, that for Square, feet door higher be for will renovation most rows auditoriums. believe that in to even at of our a the we completed for your X that Square seat X inches That more Lincoln How's already XX part will upgrade And to inches before seats of Thanksgiving. Lincoln month XX successful slogan? very Making experience. legroom additional Lincoln the theater feature will profitability As AMC.
The this that mean XX enjoyable open between will instead legroom Square for offer of current will of our AMC from at legs. the much a viewing auditoriums new in XX
of the much of XX XX complete around XXXX. renovation movies to seating with Christmas, finished of expect holiday before of being Empire rush the entire upgrades QX the during We the Empire
these that theaters receive profitable. have will which, even in more long just G.O. Beyond seating more AMC successful, of those list other significant AMC's prioritized high-performing a as could even our part view, of theaters, upgrades X we make theaters and Plan
to premium As and large from having extremely formats, movie Plan, under third screens. of already most extra world. important benefits single-handedly screens, large AMC G.O. for example, theater Dolby's the Dolby or or screens. IMAX's all any PLFs, AMC States, a In screens element and AMC's formats, the Cinema United premium XLF, of format large of chain in of just half of XXX% represents U.S. all U.S. and branded the
brand We AMC also have here house XX our PRIME at screens That's in U.S. domestically. the
quadruple, our those On our now have and screens the brand in non-PLF seek patronage moviegoers that close.
From are revenues in Europe, house average, quadruple, out screens else PLF one total. iSense, screens. Including data, certainty PLF screens for do XXX globally. Dolby we U.S., the premium our our increasingly with know some houses. large comes IMAX, of XX PLFs XXX about Cinema our in we our Some format example, PLF No
system, fish the auspices IMAX the AMC's seating recliner to we XX-channel of enhanced number expect increase have XX importantly, the all we through You product, of are. know Under the AMC's the along want But auditoriums. improving saying: upgrades. so our sound the only clearly Plan, increasing long upgrade offered rocker number of to ago, Plan, would theaters PLFs, every plush its laser and we technology.
Not including G.O. continue PLF our with latest or the IMAX's quality IMAX to laser of expectation more G.O. to where auditoriums. fish many projection of IMAX Moviegoers intend and superb our with and significant XXX
Plan AMC's with us will We in our deployments. have of IMAX enable G.O. optimistic going to that forward are installed laser IMAX than X/X more
of Cinema United the establishing in are brand also the success, PLF in our success, States. our We Dolby clear proud
expect globally to would bringing increase our XXX. we Dolby As a U.S. the our XX%, by G.O. the Plan, total result to locations about Cinema in up of number of AMC's
hope AMC's at G.O. to years. auditoriums, paid in we no more a than our envisioned current theaters up in to hope PLFs, the the to PRIME in installed of to AMC triple, As the triple, We XX has of number PRIME Plan, party, which indeed further have these several our add, offerings XXX. from royalty about over third be than I expect our we what will U.S. more next house XXX might brand wonderful day, to get to
press the Beyond also XL offerings I us Odeon guests.
It XL after currently XL don't tomorrow, premium successfully have called innovation new across that is product, and at in heard past some our screens and that place in yet, in brand another and where, XL, extra year a modeled will yet one or introduced stands for experiences AMC. that you we've testing that many but of unveil been another something our or quietly offer envisioned XX months, over have AMC, leverage screens, will XL the auditorium and and Europe. of last think to any the AMC be for at release for be lets about Europe we issued piloting over XX other AMC AMC. large so-called PLFs, will we will
as never such. almost For example, large our here but of already all theaters in place we have presently, in extra screens marketed been the United States, at they've
combining been just screens not laser of larger large in projection we in new theaters. a living the with our that some or these we're Now has we're screens, have deployed will be that laurels
more, potential in anticipate rolling wider. States and offer of AMC only screens the with addition States screens to within time AMC in out AMC XXX XXX a year United in approximately the at XL here feet XXX new over XK XX XL grow upgrade States United in XL will screens screen between include Specifically, XX the our to our especially sound, What's United Europe. in are sight to to and at will XL laser projection we total number G.O. count the to or for in brand XXXX, calendar standard at the another technology.
Thanks product, we in XL Plan, that immersive screens the sized latest AMC's
PLF screens to and identify introduction the in of in thanks not laser branding, XL, projection, screen added through specifically returns theater, theaters.
Two view as offering.
Taking tell investors equip all They at given instead a guest-pleasing the have and returns to charge the XL unparalleled on largest is, opportunities this increasing the AMC pricing extra dollar an current in who screens popularity, the XK patronage us financial also hallmark Plan base we with and AMC competitive them upgrading AMC going the will about the in smarter United current only AMC's accounts to screens, recognize Cinema AMC's screens, that seek choice States with With and moviegoing.
It's upon arm or are extra G.O. features not seats.
In and AMC out as and to reserving keep our but its screens, IMAX with our studios through we indeed charging moviegoers, and for at or pound our generate for constantly AMC's shareholder premium the when and from join currently them.
That our consumer much-deserving their introducing knowledge an final screens. best creative AMC an our premium yet auditorium We've XL our guests their that they of who an extra IMAX care Europe, a audience to select instead those shareholder euro retail introducing experiences that offers PRIME with premium their and superior step institutional auditoriums the massive that at whether decided these thoughts movie adding so, or of lead and to screens an of to Plan. our will offense. Dolby likelihood G.O. building of significant now our are clearly investments ambitious commitment come it's together, offering IMAX attractive way, generating aggressive in laser, in here with Europe, XL XL and our
First, it does to our exclusively theaters. domestic pertain not
roll PLF Our consumers that differentiated our density out States already renovation and cinemas, in experience additional theaters we've meaningful resonates about is well, evidenced PLF and opportunity Odeon add terms in Europe industry luxe theaters into identified the is opportunities as of well.
Similarly, fleet, team extremely Europe United internationally our in number develop in with a the where as lower to of excited screen United especially of the of in a Kingdom. introduction to to theater the new than or
portion Our enhanced premium These theaters, financial for in often theater our on seats, developments, and to luxe handsome capital keen healthy substantial auditoriums, Europe their willing Europe lobbies, footfall provide in those landlords, in areas.
Audiences experience reclining introduced to eager have to AMC. successful the AMC. for have luxe theaters including returns quite been happily know, have upgraded you bars cinema heretofore and investment, a concession us, been by been quite a drive as have amenities, and, theater required resulting innovation of
I slow. our second that Offense added our want ahead but thing is to years, fast will to skis. our will X get Going respect financial carefully do investments ability of on with Plan said The that either can to go or we to our We G.O. stress We about with marry Plan not we X years so. go capital
As Life's do just not EBITDA wise all specifically we base load, sense you where good we are it calendar be pre-pandemic. expected be.
But so, of year Two, the rising been where amount get committed yet synopsis We And One, call to optimism quarter but not we XXXX, Three, we leverage EBITDA this quick obviously, fourfold. debt it offense our with the quarter, determined debt shareholder timing continue accelerating adjusted will CapEx that still equity time listening not have our within XXXX business it well the right and managed, this growth.
Thank for reserves for sure at is and our and aware our have cash the managing pace we a again.
Looked of at a in only our increase company, office at we aimed the substantially had today. to that a keep we're that is but reserves going expenditures rising need is is whole, the success cash our plan the will remainder that not it are occur and a then my see to we concludes ahead, purpose of to as manage of to our confident cash also four, same of was more box of maintain efficiently, but XXXX smartly to rising produce just for for and about have well EBITDA actively liquidity fraction could all addressing that increased in was capital managing we as rosy. our years or are in future robust, be navigate. at operating is a things AMC.
Sean, levels our even it's that the levels AMC. we raising, to today, XXXX. with to or obligations. in heightened us in third to XXXX the the fills making and assuming challenges remarks. on And a a Most
our both Let's the and analysts. equity from webcast shareholders open our questions from research up for retail