Future of Saipan hotels unclear as lease expirations loom

Future of Saipan hotels unclear as lease expirations loom

BY JOY WHITE

Journal Staff

 

In the next several years, Saipan hotels will start to see their leases with the Department of Public Land come to an end, including Hyatt Regency Saipan and Fiesta Resort Saipan. Following the termination of the lease for Mariana Resort & Spa, these hotels are left with hope that their longevity and goodwill in the community will be favorable in negotiations.

The first hotel to be faced with an expiring lease, Mariana Resort & Spa, will be closing at the end of May, despite discussions starting in 2013 to extend the lease, Gloria C . . .

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