HC Deb 18 May 1993 vol 225 c98W
Mr. Lidington

To ask the Secretary of State for the Environment what performance targets he has set for the Queen Elizabeth II conference centre for 1993–94.

Mr. Baldry

The centre's key performance measure is the net balance on its trading account. The target for 1993–94 is a trading deficit of £0.866 million.

The centre also has a projected overall room occupancy target of 49 per cent., a room hire revenue target of £3.584 million and a revenue: cost ratio target of 1:1.17. The centre will be expected to meet or better all of these projections.