Casino operator acquires hotel on Saipan

8:00 am on 11 December 2015

Best Sunshine International in the Northern Marianas, a casino operator, has bought the Marianas Resort and Spa on Saipan.

It aims to work with Marianas Resort to have its public land lease extended.

Saipan, CNMI

Saipan, CNMI Photo: Supplied

Under the agreement Marianas Resort will grant the buyer the remaining two and a bit years on its lease for the coveted Marpi lands.

Best Sunshine officials have said previous that they are planning the world's largest waterpark, 20 hotels, and a shopping strip in the area.