Supply is on the Verge of Outpacing Demand in Seattle’s Hotel Market

By Brittan Jenkins Kidder Mathews released their 2016 fourth quarter hotel performance report indicating the Seattle area is about to crest, with new supply on the verge of outpacing demand. With nearly 5,000 rooms under construction and even more planned, Kidder Mathews expects reduced occupancy rates and intensifying price competition. “This year, and for the […]