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MVA’s reserve fund for own building depleted

Over $3 million that the Marianas Visitors Authority has been keeping in a reserve fund so it could build its own permanent building has now been depleted. For several years now, the MVA board has been putting money aside in a reserve fund for the planned MVA building, according...
Posted On Nov 28 2019 06:06
, By Ferdie De La Torre

Finance still owes MVA $5.2M

The Department of Finance still owes the Marianas Visitors Authority $5.2 million in hotel occupancy tax collection, despite a recent $500,000 payment, according to MVA managing director Priscilla M. Iakopo yesterday. Iakopo said they received the $500,000 this month as Finance’s...
Posted On Nov 27 2019 06:03
, By Ferdie De La Torre
0

MVA offshore firm targets 18% hike in Korea arrivals

The Marianas Visitors Authority’s new offshore marketing company for South Korea has set a target of 18% increase each year for Korean arrivals to the CNMI in the next five years. The vision is to have 226,770 Korean visitors next year in the CNMI and have at least 439,656 by...
Posted On Nov 18 2019 06:00
, By Ferdie De La Torre

MVA upbeat about arrivals in FY 2020

Fiscal year 2019 was a very difficult year for the CNMI in terms of visitor arrivals, but the CNMI’s main tourism body, the Marianas Visitors Authority, is optimistic that tourist numbers will improve in fiscal year 2020. This was the main thrust of the yesterday’s MVA general...
Posted On Nov 15 2019 06:03
, By Ferdie De La Torre
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