The Suwaso Corporation has begun the first phase of a 40-million US dollar expansion plan at the Coral Ocean Point Resort Club in the Northern Marianas.
The initial four-million renovation includes sprucing up the existing 80 rooms, the main building and swimming pool.
After the renovation work on existing facilities, the next phase is the construction of 200 to 300 new rooms.
The governor, Eloy Inos, says the renovation is very timely as hotel occupancy is starting to post record-high numbers and the demand for more hotel rooms has increased.
Tourist arrivals to the CNMI reached 400,000 in August, already exceeding the arrival levels seen in 2006 when Japan Airlines was still flying to the CNMI.
