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Hotel occupancy rate at 91 percent in August
The Hotel Association of the Northern Mariana Islands reported a 91.07-percent occupancy rate among 11 member hotels for August 2014, a 3-percent decrease compared to August 2013.
A total of 65,017 of 71,393 available room nights sold in August 2014, compared to 69,882 of 74,338 of available room nights sold over the same period last year. Room rates were $146.71 during the month, compared to $131.32 last August.
“Overall, the average hotel occupancy rate so far this fiscal year is the same as this period last year, while the average room rate is slightly higher,” said HANMI chair Nick Nishikawa. “It’s clear that the Northern Marianas needs to remain committed to promotions in order to sustain these levels, particularly with the recent cessation of charter flights from Russia.”
So far this calendar year, hotel occupancy is at an average 84.44 percent, 1 percent lower than last year.
The Hotel Association of the Northern Mariana Islands was established in 1985 as a professional forum for the hospitality industry of the Northern Mariana Islands. (HANMI)
