THE Department of Public Lands will announce the successful concession bidder for Managaha before the end of the week, DPL Secretary Sixto K. Igisomar told the House Ways and Means Committee during a budget hearing on Tuesday.
Igisomar, responding to a question from Rep. Blas Jonathan Attao, said the request-for-proposal process has been completed, and the DPL evaluation committee finished its review last week.
“I am just waiting for the DPL Real Estate Division director to put the evaluations on my desk to concur with the selection,” he said. “So by this week, we should know who the winner is.”
Igisomar said DPL will begin working on a concession agreement with the successful bidder.
He said DPL has been spending about $10,000 per month on security services alone for Managaha and other properties managed by DPL, including Kanoa Resort, Mariana Resort & Spa, and Rota Resort & Spa.
Including maintenance, he said, DPL has been spending close to a total of $100,000 monthly on public properties that are currently sitting idle.
In the fiscal year 2026 budget submission of Gov. Arnold I. Palacios, the funding allotment for DPL decreased to $4.89 million from $5.5 million in FY 2025.
Igisomar said the $4.89 million “is not an arbitrary number; it is based on the expected collections after subtracting all those hotels whose contracts expire this year.”
He added that once all the other hotels come online, as well as Managaha, the revenue projection will increase.
