An organization representing the CNMI’s hospitality industry is reporting a huge decrease in the commonwealth’s hotel occupancy rate due to the global coronavirus outbreak.
According to the Hotel Association of the Northern Mariana Islands, or HANMI, the CNMI’s hotel occupancy rate has dipped to below 20 percent, the lowest percentage ever reached since HANMI started tracking occupancy in 1992. HANMI attributed the steep decline in hotel occupancy to severe travel disruptions caused by the Covid-19 outbreak.
Hotels included in HANMI’s report are Aqua Resort Club, Century Hotel, Grandvrio Resort Saipan, Fiesta Resort & Spa, Hyatt Regency Saipan, Kanoa Resort Saipan, Kensington Hotel Saipan, LaoLao Bay Golf & Resort, Saipan World Resort, Surfrider Resort, and Pacific Islands Club Saipan.
HANMI said a survey of its members “shows some hotels are in the planning stage of laying off employees, closing entire wings, closing restaurants, and suspending contracts for outsourced services.”
The hotel association added that preliminary projected occupancy rates made last week for April are around 20% in light of additional flight cancellations from Korea, adding to a complete suspension of flights from China since Feb. 1, 2020.
According to an association official, the percentage may decrease further as hotels continue to receive room cancelations.