I have this plant and the mites do seem to like it. I'd definitely treat the mites in some way before it gets out of control. I used insecticidal soap a few times and it has mostly gone away.
I agree with SaraJean - nobile types are quite resilient. Mine fell off a windowsill and broke into a dozen pieces. I put psuedobulb fragments (no roots) in a cup of water and they all started to form keikis. One of those fragments flowered this year!
Hope your plant recovers.
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