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HANMI occupancy at 73% in November
The Hotel Association of the Northern Mariana Islands reported a 73.38% average occupancy rate among its 11 member-hotels for November 2019. The figure reflects an 8% decrease for HANMI hotels compared to November 2018.
A total of 54,031 of 73,632 available room nights sold during the month, compared to 33.278 of 55,187 available room night sold in November 2018. Average room rates were $137.59 compared to $132.91 last November.
“November 2018 was the first full month that tourism felt the impact of Super Typhoon Yutu, so this November we saw an increase in both the number of available rooms, the number of rooms sold, and the average room rate,” said HANMI chair Gloria Cavanagh. “However, in the hotel industry, above 80% occupancy is considered healthy, so at 73% the industry is still struggling, now due to national economies in some of our source markets, trade wars, and unfavorable exchange rates. We should do everything within our power to maintain our current revenue stream, and that includes renewing the expiring public land lease for two of our largest hotels—Fiesta Resort & Spa Saipan and Hyatt Regency Saipan—on reasonable terms and before we lose investors. Failure to do so will only result in more closed and dilapidated government properties, just like La Fiesta, Mariana Resort, and Mariana Country Club.”
Hotels included in HANMI’s monthly statistical reports are Aqua Resort Club, Aquarius Beach Tower, Century Hotel, GrandVrio Resort Saipan, Fiesta Resort & Spa Saipan, Hyatt Regency Saipan, Kanoa Resort Saipan, Kensington Hotel Saipan, LaoLao Bay Golf & Resort, Saipan World Resort, and Pacific Islands Club Saipan.
HANMI was established in 1985 as a professional forum for the hospitality industry of The Marianas. HANMI also makes regular charitable donations to support non-profit organizations and tourism-related government projects. (HANMI)
