MoBay Convention Centre records 65% increase in revenue
ST JAMES, Jamaica – The Montego Bay Convention Centre in St James made a 65 per cent increase in revenue for the fiscal year ending March 31.
It also recorded a 13 per cent reduction in operating expenses over the prior fiscal year.
Commenting on the record turnaround, Senior Advisor Delano Seiveright noted that Tourism Minister Edmund Bartlett pulled together a small team, which has professionally managed the centre, which opened in 2011.
“Among some of the basic actions implemented to quickly turnaround the facility’s efficiency includes extensive repairs to the chiller thereby increasing operating efficiency; elevating food and beverage revenue to 55 per cent of total event income representing a 50 per cent increase over the prior year; increased marketing and promotional efforts and cost effective deals brokered with suppliers,” Seiveright said.
Bartlett is to detail, in full to the public, the centre’s turnaround in coming days.
