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Palace Amusement has closed the Palace Multiplex in Montego Bay after severe damage from Hurricane Melissa last October.
The company said nothing could be salvaged, ending more than 20 years of cinema operations in the city.
Business leaders described the closure as a major loss, citing ongoing struggles worsened by the pandemic and the storm.
Several businesses, including hotels, are still recovering, though many expect to reopen sooner than first planned.