Agenda and minutes

            Apologies for inability to attend were reported from The Deputy Lord Mayor (Councillor Copeland) and Councillors Dorrian, Hargey and O’Neill.

            The minutes of the meeting of 12th March were taken as read and signed as correct.  It was reported that those minutes had been adopted by the Council at its meeting on 9th April.

            No declarations of interest were reported.

The information contained in the following report is restricted in accordance with Part 1 of Schedule 6 of the Local Government Act (Northern Ireland) 2014.

            The Managing Director provided the Members with an update on Belfast Waterfront and Ulster Hall Ltd.’s (BWUH Ltd.) performance for Quarter 4, January – March 2018, and for the year, 1st April 2017 – 31st March 2018.

            She advised the Committee that this was the second year of operation for the company, as the new Waterfront venue had only been operational from the end of April 2016. 

            The Committee was advised that the business had hosted several high-profile conferences and events during the final quarter, including the IEEE Micro Electro Mechanical Systems (Mems) Conference, Carlson Wagonlit Travel/Pfizer, Rapid 7 Conference, Sleeping Beauty Pantomime and the Gradam Ceoil TG4 Traditional Music Awards. 

            The Business Support Director advised the Committee that it had been a good year for BWUH Ltd. and provided the Committee with a summary of the company’s sales and overheads figures.  He advised the Committee that the sales income was ahead of budget and of the previous year.  He explained that this was mainly due to higher room hire and box office commission.  The Committee noted the surplus, budget and the management fee reduction for the year.

            He advised the Members that the number of activities held in the venues had increased, which had resulted in increased activity costs and employee costs.  He explained that the event related costs were expected to be higher given that sales were higher but that the company would address the shortfall in technical skills and equipment as part of its cost management process.

            In relation to the conference and delegate targets which had been set, the Managing Director outlined to the Members that, by year-end, BWUH Ltd. had delivered beyond each target, having delivered 40 conferences, generated 81,479 delegate days, and having delivered an economic return of £34million to Belfast and Northern Ireland as a whole. 

            She advised the Committee that, in line with the Company’s more commercial approach towards conferencing and entertainment sales, a new Marketing Campaign Manager and a Head of Digital had recently been recruited, starting in Quarter 1 of 2018/2019.

            The Members were advised that casual labour had been managed more efficiently throughout Quarter 4 but that it remained a key focus for the senior team and would be a significant priority for the Director of Event Operations.

            She explained the repositioning of the Belfast Waterfront as the ICC Belfast for international promotional material, and outlined that the Waterfront and Ulster Hall branding would continue to be used for domestic material.

            In response to a Member’s question, the Managing Director explained that the company was working with both the Building Control Service and the Northern Ireland Fire and Rescue Service to determine the number of staff which were required to be on site in the event of a fire.

            The Managing Director outlined to the Committee that smaller events were more expensive to operate and, whilst they drove revenue, the company was required to examine event contributions to ensure all events were making an acceptable contribution.  She advised the  ...  view the full minutes text for item 3.