Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • Videos
  • Career & Education
  • Classifieds
  • All Woman
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Design Week
MoBay Convention Centre racks up losses
Montego Bay Convention Centre (file photo)
News
July 14, 2015

MoBay Convention Centre racks up losses

ST JAMES, Jamaica – The Montego Bay Convention Centre continues to rack up losses with no roadmap for long-term marketing to bring business to the venue, which cost the Government US$51.7 million to build in 2007, under a loan agreement with the China Import Export Bank.

Desmond Malcolm, general manager of the Urban Development Corporation (UDC) which has oversight for the centre, told the Public Administration and Appropriations Committee (PAAC) a short while ago, that the anticipated support from various tourism agencies has not been forthcoming. He said that the UDC needs support of at least $30 million per month.

Permanent secretary in the Office of the Prime Minister, Onika Miller, pointed out that the profit and loss situation at the centre has somewhat improved over the past four years, but Government member Mikhail Phillips said, notwithstanding that, it is taking far too long for the centre to climb out of loss mode.

He noted that while convention centres around the world do not generally turn profits, they are expected to at least reduce losses as much as is possible.

“Delay is money, and we are seeing the effects of that now,” he stated. Phillips further argued that a medium- to long-term plan must be made now to enable the centre to reduce losses.

“The UDC has ended up in a marriage that it never wanted. The arrangements for the centre were poorly managed and the expected results are not being reaped,” member Fitz Jackson stated. He insisted that the centre needs a dedicated revenue source, which can properly manage its marketing.

Alphea Saunders

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Jamroc Dept unveils limited-edition collection celebrating Jamaica 64
Entertainment, Latest News
Jamroc Dept unveils limited-edition collection celebrating Jamaica 64
BY KEDIESHA PERRY Observer writer 
July 11, 2026
As Jamaica prepares to celebrate its 64th year of Independence in August, local streetwear brand Jamroc Dept is marking the occasion with a limited-ed...
{"jamaica-observer":"Jamaica Observer"}
Mavis Bank Coffee Factory achieves Safe Quality Food Recertification
Latest News, News
Mavis Bank Coffee Factory achieves Safe Quality Food Recertification
July 11, 2026
The Mavis Bank Coffee Factory Limited (MBCF) has announced that it has successfully achieved Safe Quality Food (SQF) Manufacturing Edition 9 Recertifi...
{"jamaica-observer":"Jamaica Observer"}
USA, Canada and UK topped list of countries for migrating Jamaicans in 2025 – PIOJ
Latest News, News
USA, Canada and UK topped list of countries for migrating Jamaicans in 2025 – PIOJ
July 11, 2026
Outward migration contributed to Jamaica’s population growing by a negligible 600 people in 2025 to 2,764,200, with the United States of America (USA)...
{"jamaica-observer":"Jamaica Observer"}
England, Norway battle heat as Argentina face Swiss in World Cup last eight
Football, Latest News, Sports, ...
England, Norway battle heat as Argentina face Swiss in World Cup last eight
July 11, 2026
LOS ANGELES, United States (AFP) —  England and Norway were preparing to lock horns in a blockbuster World Cup quarter-final battle of elite strikers ...
{"jamaica-observer":"Jamaica Observer"}
Diaspora support for ‘Elegance’
Entertainment, Latest News
Diaspora support for ‘Elegance’
BY KEDIESHA PERRY Observer writer 
July 11, 2026
The inaugural Elegance: The Ballroom Experience is attracting strong international support, with members of the Jamaican Diaspora travelling from acro...
{"jamaica-observer":"Jamaica Observer"}
US, Caricom sign landmark border security pact
Latest News, Regional
US, Caricom sign landmark border security pact
July 11, 2026
WASHINGTON, United States (CMC) – The United States (US) Department of Homeland Security (DHS) says it has signed a landmark Memorandum of Cooperation...
{"jamaica-observer":"Jamaica Observer"}
Death toll in Venezuela earthquakes surpasses 4,300
Latest News, Regional
Death toll in Venezuela earthquakes surpasses 4,300
July 11, 2026
CARACAS, Venezuela (AFP) — The death toll in Venezuela's devastating twin earthquakes last month has topped 4,300, a top lawmaker said Saturday. Natio...
{"jamaica-observer":"Jamaica Observer"}
Integrity Commission still ‘concerned’ about inadequate security for staff
Latest News, News
Integrity Commission still ‘concerned’ about inadequate security for staff
July 11, 2026
The leadership of the Integrity Commission (IC) has indicated that it is still concerned about the safety of its staff. “Employee safety and physical ...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct