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DPL chief offers ‘alternative’ leasing agreement

Department of Public Lands Secretary Pete Tenorio is recommending “alternative” leasing agreements with hotels with expiring public land leases with the government. According to Tenorio, he met with officials of the Hotel Association of the Northern Mariana Islands on Thursday to...
Posted On Mar 06 2015 04:00
, By Ferdie De La Torre

Hotels still iffy on future investments

Some members of the Hotel Association of the Northern Mariana Islands are holding back on making future investments on their hotels if they cannot get any assurances that their land lease agreements will be extended. Without such an assurance, hotels whose public land leases are...
Posted On Mar 02 2015 04:00
, By Jayson Camacho

Hotel occupancy at 85 percent in December 2014

The Hotel Association of the Northern Mariana Islands reported 85.38 percent occupancy among 11 member hotels for December 2014, a 1-percent decrease compared to December 2013. Room rates were $139.73 during the month, compared to $130.80 last December. “December occupancy rates...
Posted On Jan 29 2015 04:00
, By Jun Dayao

Occupancy rate at 73 pct. in September

The Hotel Association of the Northern Mariana Islands reported 73.24 percent occupancy among 11 member hotels for September 2014, a 2-percent decrease compared to September 2013. A total of 50,602 of 69,090 available room nights sold in September 2014, compared to 53,878 of...
Posted On Oct 20 2014 04:01
, By Jun Dayao
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