The Guam Visitors Bureau submitted $28.9 million from the Tourist Attraction Fund.
This amount was reviewed by the GVB board of directors in its meeting on Sept. 17.
Fiscal 2025’s allocation is a 24% increase from last year with the largest leap in costs coming from destination development (increased 31% from last year).
The amount allocated for visitor safety officers, tour guides, and concierge services increased by 51% from last year. The board said that this increase was necessary to support the 24-hour concierge hotline program.
Additionally at the board meeting, two purchase orders were presented before the board for approval: one for pavement repairs between Dusit Beach Resort and Sandcastle and another for the purchase of two two-wheel drive trucks.
The board approved the purchase order for the repairs in the amount of $52,550 to JEIDA Guam.
The board tabled the $102,990 purchase order to Triple J Motors to the next meeting as they did not hold a quorum to approve the purchase.
The Industry Recovery Report for September was released on Sept. 6. According to Vice Chairman Joaquin P.L.G. Cook, the report should serve as a framework to guide GVB’s next steps in the coming months. Additionally, the board discussed the continuation of research efforts including the visitor exit survey.
In the management’s report, July saw a total of 59,931 visitors to the island.
Additionally, negotiations are still ongoing for the $1.5 million marketing deal with British football team Tottenham Hotspur.
The board also reported ongoing branding activity within the Asian markets, with a special emphasis on working with travel agents in Taiwan to include Guam in their travel packages. mbj
GVB board reviews fiscal 2025 budget
GVB board reviews fiscal 2025 budget
- Date Posted: Sep 18, 2024
- News: Guam
-
Share this News
GVB board reviews fiscal 2025 budget
Recommended Articles...
GVB deploys $2 million to protect seat capacity as March arrivals climb 9.9%
The Guam Visitors Bureau has committed $2 million to a comprehensive response plan designed to mitigate the impact of surging jet fuel prices, which have tripled fuel surcharges and led to a 20% reduction in airline seat capacity.
Read More 
DPHSS confirms 13 Pertussis cases; NMI fraud sentencing and typhoon recovery continue
The Department of Public Health and Social Services confirmed two new laboratory-confirmed cases of Pertussis, bringing the total number of confirmed cases for 2026 to 13.
Read More 
GovGuam, GEDA unveil $1.3B bond pipeline at InvestGuam symposium
The Government of Guam and the Guam Economic Development Authority unveiled a $1.3 billion bond pipeline for the next five years during the InvestGuam Symposium 2026 in New York City.
Read More 
Lockheed gets contract boost for Aegis Guam System
Lockheed Martin Corp. of Moorestown, New Jersey, was awarded May 7 a “sole-source, hybrid, cost-plus-fixed-fee, and cost-plus-incentive-fee contract modification under the Aegis Ballistic Missile Defense Weapon Systems contract.”
Read More