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Wednesday, 07 March 2012 22:44

Domus Carmelitana Advisory Commission

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25/2012-07-03

For the sake of convenience and economy, the Domus Carmelitana Advisory Commission always meets at the same time as the General Finance Commission: four members of the latter also advise on the Domus. Other members of the Domus Commission are John Lanahan (hotel finance consultant) and Janet Keeffe (tour operator). The Commission met on 2 March in the Domus to examine recent progress in the building works and to review the 2011 results. The area for customers outside the Domus is now almost completely finished and the next step will be to install an elevator from ground level down to reception. The Domus performed as well in 2011 as it had in 2010, which considering the weak demand in the tourist market is a commendable result. The first interest payment for 2012  will be made on 31 March and it is hoped to make a further capital repayment at the end of the year.

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