Marianas Variety

Last updateSat, 21 Sep 2019 12am







    Friday, September 20, 2019-5:48:50P.M.






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Administration working with Hyatt, Fiesta on land leases

THE Torres-Palacios administration is working with Hyatt Regency Saipan and Fiesta Resort & Spa “on the details of future lease agreements,” Press Secretary Kevin Bautista said.

Fiesta Resort’s current lease agreement with the CNMI government ends in June 2021 while Hyatt’s ends in December 2021.

Bautista said the governor has had several meetings with representatives from both hotels, and his administration “is very appreciative that they have expressed a renewed interest and commitment to the people of the Marianas.”

Bautista said Hyatt and Fiesta have “given so much to this community through job opportunities for local residents, while increasing the Commonwealth’s overall reputation as a tourism destination for our source markets.”

He added, “While we wait to receive their official proposals to move this process forward, we understand that this process needs to be a deliberative one that promotes the interests of our people first and foremost, and ensures the long-term sustainable growth of our economy.”

Hitoshi Nakauchi, president of Portopia Hotel which owns Hyatt Regency Saipan, was on island last week to meet with government officials, including Department of Public Lands Secretary Marianne Concepcion-Teregeyo, and officers of the Hotel Association of the NMI and the Saipan Chamber of Commerce.

Hyatt, which has 800 hotels all over the world, is the only hotel on island with a global brand. It also employs 200 local workers.

HANMI hoping for reasonable compromise

The Hotel Association of the Northern Mariana Islands, for its part, is hoping for a “reasonable compromise” in the ongoing negotiations between the two hotels and DPL.

Hyatt Regency Saipan and Fiesta Resort & Spa are seeking a 15-year extension of their leases as allowed by CNMI law.

“We don’t want to lose long-term partners of the CNMI,” HANMI president Gloria Cavanagh said.

She said HANMI is also pushing for the improvement of the island’s hotels as it is necessary “to bring our products on Saipan up to par with our competitors in the Pacific region.”

With Junhan B. Todiño