Hospitality
Border Tensions Take a Toll on Washington State’s Tourism-Dependent Businesses
Sharp decline in Canadian visitors forces layoffs and reduced hours across hospitality and retail sectors near the border Washington State businesses that have...
Legacy Development & Management Buys 234-Room SpringHill Suites Hotel in Seattle for $48.5MM
By The Registry Staff A hotel property in Seattle’s South Lake Union neighborhood has traded hands. The asset, a 234-room SpringHill Suites hotel,...
Park Hotels to Shed 850-Room DoubleTree Hotel Seattle Airport in Strategic Portfolio Overhaul
REIT exits DoubleTree amid ground lease expiration, broader push to divest underperforming assets Park Hotels & Resorts is walking away from its 850-room...
Design in the Age of Disruption: Gensler’s 2026 Forecast Maps a Built Environment in Flux
As AI, climate shocks, and workplace upheaval collide, the world’s largest architecture firm says adaptability—not scale—will determine real estate winners The built environment...
Kirkland Negotiates Deal for $78.8MM Kraken Ice Facility
City would retain purchase option on privately-financed community center and NHL-standard rinks in novel public-private partnership The City of Kirkland is advancing negotiations...
From Police Stables to Dance Floor: Developer Eyes Pearl District’s Historic Waterfront Site for Entertainment Venue
A Vancouver, Wash. entrepreneur proposes transforming Portland’s former Mounted Patrol facility into a restaurant and nightclub, even as a larger mixed-use project moves...
Hotel Conversions Reshape America’s Rental Market as Hospitality Struggles Mount
The American hotel industry’s post-pandemic malaise is creating an unexpected windfall for apartment developers. In 2024, more than 9,100 hotel rooms were transformed...
Why CRE Experts Say the Looming $1.26 Trillion Debt Wall Can Be Scaled
By Kidder Mathews Roughly $1.26 trillion in commercial real estate loans are set to mature through 2027. Most originated in the mid-2010s, when rates averaged between...
Yareton’s 304-Room Marriott Tacoma Downtown Scheduled to be Sold in Auction to Pay Back $76.4MM Loan
By The Registry Staff A Puget Sound region hotel is slated to be sold at auction in response to the debt owed to...
Sonder Collapses as Marriott Deal Unravels, Leaving Hospitality Startup in Ruins
The once-promising tech-enabled accommodation provider will liquidate immediately after integration challenges with Marriott led to terminal financial distress Sonder Holdings Inc., the San...
SRM Development Pushes Forward With 211-Unit Astro Apartments Hotel Conversion in Seattle
Lower Queen Anne project reflects broader shift in urban residential strategies A six-story residential building steps from Climate Pledge Arena is moving forward...
Alaska Airlines Bets Big on Premium Travelers With Split-Level Lounge Strategy
The carrier is investing in a new 20,000-square-foot facility at Sea-Tac as competition for high-spending flyers intensifies on the West Coast Alaska Airlines...
