Reggae Sumfest to give $750M boost to economy

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Reggae Sumfest is expected to provide a US$6 million ($750million) shot in the arm to the economy of Montego Bay and its environs when the curtain goes up on this year’s festival.Created as a vehicle for stimulating tourism during the slow summer months, Reggae Sumfest provides a huge fillip for the greater Montego Bay economy, says Robert Russell, former chairman of Summerfest Productions Ltd.“Sumfest annually attracts 4,000 visitors to Montego Bay; the JTB says that they typically spend US$1,500 each. A lot of people depend on the festival to send their children back to school in September. The hotels, rental cars, taxis, craft vendors… everybody looks to Sumfest as it’s a big economic boost for Montego Bay and by extension, Jamaica,” Russell said.The festival, which is part sponsored by the Jamaica Tourist Board, is scheduled for Catherine Hall in Montego Bay, St James, on July 17-23, 2016.

Source: Reggae Sumfest to give $750M boost to economy | Loop News Jamaica