Topic: Cash Before Payday - CWC PAY DAY - Nation News
IT CAME TOO LATE for a Christmas present, but Barbados has finally received its share of the Cricket World Cup (CWC) 2007 pie – US$12. Chairman of World Cup Barbados , Chris de Caires, made the disclosure yesterday during an interview in which he tagged expenditure on CWC at $159. This gave Barbados international exposure worth about $450 million, de Caires said, referring to the results of a study commissioned by the Barbados Tourism Authority (BTA). As to the hard cash Barbados would have gained from CWC , he spoke of “$25 million in revenue (gate receipts) and $200 million in foreign exchange”, reflecting tourist spending on hotel rooms, entertainment and other matters. He also voiced some disappointment that an effective marketing plan had not yet been put in place for the Oval , against the backdrop of differences between Government and the Barbados Cricket Association over ownership of the facility. Learn more
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