NORTHERN MARIANAS HOTEL OCCUPANCY AT 50 PERCENT

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‘Situation really quite desperate’

SAIPAN, CNMI (Saipan Tribune, July 1, 2010) - The Hotel Association of the Northern Mariana Islands reported a 50-percent occupancy rate among its 13-member hotels for May 2010, a 1-percent increase from May 2009.

HANMI said 42,470 of 84,196 available room nights were sold in May, compared to 41,968 of 85,250 available room nights sold over the same period last year. Room rates were down slightly from US$96.13 last year to US$93.75 in May 2010.

For Calendar Year 2010, occupancy is averaging 66 percent and room rates are averaging US$95.59. This compares to 65 percent occupancy and US$98.71 room rate over the same period last calendar year.

"The situation is really quite desperate for Northern Marianas tourism," said HANMI chair Nick Nishikawa. "While arrivals from Korea and China were higher in May, our major market of Japan continues to see very low numbers. Without additional effort to attract and keep flights and to promote the islands, the economy will continue to decline."

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.

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