HILTON HOTEL put $13.9 million in Government’s coffers last year.
Making the disclosure in the House of Assembly last night, Minister of Tourism Richard Sealy cited the profit by the Government-owned hotel as one of the indicators that the hotel sector was returning to profitability.
He said it was the highest return on Government’s investment that the Hilton had made since the original hotel building was imploded in 2001.
Speaking during debate of the Appropriation Bill 2016, the minister painted a picture of a tourism industry he said was on the rebound, with major hotel projects about to come on stream that would result in an increase in the island’s room stock.
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