Latest update January 28th, 2026 12:35 AM
Jan 05, 2026 News
(Kaieteur News) – The One Guyana Christmas Village on Main Street Georgetown proved highly profitable for vendors, who earned a combined $182 million, according to the Ministry of Tourism, Industry and Commerce.
In a statement Sunday, the ministry said the strong financial performance highlights the initiative’s role in expanding market access and income-earning opportunities for small businesses.
Following the 25-day staging of the Christmas Village, the ministry conducted a post-event revenue survey among participating vendors.
“The survey assessed the revenue performance of 100 vendors who operated at the Christmas Village over a 25-day period. Using a sample size of 41 vendors, self-reported daily earnings were analysed to determine average performance levels and revenue ranges,” the ministry stated.
According to the ministry, the findings showed that vendors earning at the lower end of the scale, approximately $55,000 per day, generated aggregate revenues of about $1.37 million over the vending period. Vendors reporting average daily earnings of GY$250,000 recorded aggregate revenues of approximately GY$6.25 million over the same timeframe.
“Collectively, vendor revenues are estimated to have exceeded GY$182 million over the duration of the event,” the ministry noted.
The ministry commended the Christmas Village initiative, stating that the results point to consistently strong sales across the majority of vendors. This performance, it said, reflects high consumer engagement and sustained economic activity throughout the holiday season.
According to the ministry, the data underscores the Christmas Village as a viable and impactful platform for micro, small, and medium-sized enterprises (MSMEs), including artisans, food vendors, and creative entrepreneurs.
“The Ministry of Tourism, Industry and Commerce notes that these positive outcomes align directly with the Government of Guyana’s broader agenda of fostering inclusive economic growth by creating structured marketplaces, expanding access to new consumers, and supporting small business development,” the statement said.
“Initiatives such as the Christmas Village are designed to reduce barriers to entry, stimulate entrepreneurship, and provide tangible income opportunities, particularly during peak commercial periods.”
The ministry said the findings are based on a representative sample and will inform future planning, targeted vendor support initiatives, and ongoing improvements to the Christmas Village.
“Further analysis will guide enhancements in vendor placement, marketing support, and operational logistics to ensure even greater participation, profitability, and sustainability in future editions of the event,” the ministry stated.
The ministry reiterated its commitment to working closely with stakeholders to deliver initiatives that stimulate local enterprise, drive economic growth, and create sustainable platforms where businesses of all sizes can thrive.
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