Checks issued to members of staff and suppliers of Boatswain’s Beach
in West Bay bounced recently when they were presented at local banks.
Acting CEO Mr. Joey Ebanks said he was off Island on official business
at the time and immediately rectified the situation on his return.
The tourist attraction, which opened less than a year ago had been
operating at loss of over a million dollars a month, however Mr. Ebanks
said the situation is steadily improving and monthly operating losses
are now down to about half a million dollars per month. “We are seeing
improvements, there have been tremendous cost cutting measures,” he
said.
The old Turtle Farm used to be a profit making facility and employed
just 35 people. With the opening of Boatswain’s Beach operating
expenses and the number of people on the pay roll sky rocketed, however
Mr. Ebanks explained they have already trimmed back the staff numbers
somewhat. “We have gone 117 employees to 109, so we are using staff
members to do more and we are accomplishing more with less. This is
helping to drive the expenses down.”
The Acting CEO says the remaining employees are dedicated and
committed to making the attraction a success and the management team
and the board of directors are now putting together a strategy to
improve the financial performance of the facility. Mr. Ebanks conceded
that “we made mistakes with the pricing and are getting that corrected.”
In addition to putting in place a realistic pricing structure,
Ebanks says they are working on strategies to dramatically increase the
number of visitors to Boatswain’s Beach, as well as increasing retail
sales and improving the entertainment and product offering. “We are
going to take our current 20 % market share and we are going to double
it in the next 18 months. We are going to do that with some direct
marketing to the cruise ships, we are going to do that with some
marketing at the port of entry and we are going to do that by
leveraging some strategic partnerships throughout the industry.”
The Department of Tourism with its global reach and established
marketing networks has agreed to assist over the coming months and
Ebanks says the target of doubling the attractions market share is
realistic, given the upbeat six month forecast for visitor arrivals.