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Seattle Hotel Market Eyes Recovery as FIFA World Cup Matches and Shrinking Construction Pipeline Signal Turning Point

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Hotel Governor facade
Photo by Austin Neill on Unsplash
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Marcus & Millichap's 2026 outlook forecasts modest occupancy and ADR gains for Seattle-Tacoma, though declining Canadian travel and a slow post-pandemic recovery temper expectations. Seattle-Tacoma's hotel sector is positioned for a modest recovery in 2026, supported by a rapidly shrinking construction pipeline and a summer boost from FIFA World Cup matches, though declining cross-border travel […]

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