Hospitality

281 Articles

Trimark Hospitality Sells 116-Room La Quinta in Federal Way for $14.5MM

A Seattle-based investor has expanded into the South King County lodging market with a mid-priced hotel acquisition along the Interstate 5 corridor The...

Oregon Tourism Clears $14.6 Billion as Portland Hotel Distress Tests the Recovery

Statewide visitor spending and 122,900 jobs mask a two-speed market where rural destinations boom and Portland lodging assets trade at deep discounts Oregon’s...

Oregon’s Lincoln City Breaks Ground on $6.7MM D River Welcome Center, Bets Big on Coast Tourism Economy

The Bearing Architecture-designed visitor hub anchors a public sector wager that lodging-tax dollars can convert 1.5 million annual day-trippers into longer stays and...

Seattle Hoteliers Stare Down Potential ‘Non-Event’ World Cup as 80 Percent Track Below Plan

Visa barriers, FIFA room block releases, and last-minute cost hikes are pulling Seattle into the most underperforming tier of the 11 U.S. host...

PMF Investments Lists 2.86-Acre Redmond Inn Assemblage as Mixed-Use Redevelopment Play Near Microsoft

The Bellevue investor, which paid $20.2 million for the 137-room hotel and adjacent Family Pancake House two years ago, has tapped Newmark to...

OPTrust Rebrands Stalled 927-Unit Denny Triangle Towers as AERO1200, Targets Early 2027 Opening

The Toronto pension fund takes the keys from Westbank, names a hotel brand, and pushes Seattle’s most troubled high-rise back toward the finish...

Park Hotels & Resorts Sells 396-Room Hilton Seattle Airport & Conference Center for $18MM

The full-service hotel, one of the largest conference-equipped properties near Seattle-Tacoma International Airport, traded at roughly $45,500 per key just weeks before Seattle...

$24MM Loan Secured to Refinance 167-Room Cedarbrook Lodge in Seattle

Los Angeles, (April 22, 2026) – Sonnenblick-Eichner Company has arranged $24 million in first mortgage debt to refinance the Cedarbrook Lodge in Seattle,...

Skanska Announces Completion of New 53,000 SQFT St. Charles Cancer Center in Redmond, Ore.

53,000 square-foot state-of-the-art facility expands access to world class cancer care across Central Oregon and beyond. Redmond, Ore. – Skanska, a leading global...

$13.5MM Permanent Refinance Secured for 95-Room Hampton Inn & Suites in Kent

Hampton Inn & Suites Kent Location Retires Maturing Loan Following Strategic Performance Improvement Program; Bank Loan Offers Attractive Fixed Rate and Maximum Proceeds...

Pacific Northwest Hotels Brace for a Second Year of Softening as Canadian Travelers Stay Home

Seattle draws short-term relief from FIFA World Cup matches while Portland’s recovery slows, and both markets bank on rapidly shrinking construction pipelines to...

Vancouver Hospitality Partners Lists 89-Room La Quinta Inn & Suites in Vancouver as Retiring Owners Seek Buyer

The select-service hotel along I-5 has averaged more than $2.5 million in annual room revenue and over $658,000 in net operating income since...

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