An overview of integration
The collection is a leisure travel collection located in Saipan and related, and its services can be divided into hotel and resort division, high-end hotel retail division and destination service division. Set up in Saipan and manage and manage four hotels and resorts, including Fiesta Resort Saipan and Kanoa Resort.
In 2018, the average rent for its hotels was US $140.0. In terms of high-end hotel retail, the collection offers 9 brands of high-end and casual clothing, leather goods and fashion accessories, of which 5 are home brands. As for the destination's ground service division, the collection offers three light trips, including SeaTouch (Devil's Interactive system), Let's Go (four-way Mountain Walk) and Jetovator (ejection Water vehicle). In addition, it also operates three iShop shopping and boutique stores, provides preview services for third-party activities and itineraries, and works with travel agencies to provide destination transportation and travel management services for their package holiday guests in Saipan.
Negative factor
The hotels and resorts are located on the leased land. If the collection company fails to renew any such land lease during the lease term, it will lose the right to operate the relevant hotels and resorts and lose most of its revenue. The relevant land lease agreements of Fiesta Resort Saipan and Kanoa Resort are due to expire on 30 June 2021 and 30 June 2024 respectively.