Hospitality
Washington Wage Floor Hits $17.73 in 2027 as Seattle Climbs to $22.14, Raising the Bill for Retail and Hospitality Tenants
Washington's statewide wage floor climbs to $17.73 an hour on Jan. 1, while Seattle moves to $22.14 and a sharply higher overtime-exempt salary...
Kabani Hotel Group CEO Urges Owners to Tighten Risk Controls as 7% Debt, AI and Insurance Costs Mount
Kabani Hotel Group founder Ahmed Kabani is urging hotel owners to tighten risk controls while markets still feel calm, and his seven-point checklist,...
Former Spokane Quality Inn Used by Thrive International for Refugee Housing Hits the Market After Receivership
The downtown Spokane hotel that Thrive International converted into transitional housing for refugees and homeless residents is on the market after a court...
Downtown Seattle Draws Nearly 3.8MM Visitors in August, Topping 2019 as Office Return Holds at 62%
Nearly 3.8 million unique visitors and 9.2 million total visits flowed into downtown Seattle in August, pushing tourism, hotel demand and residential occupancy...
Wright Hotels Lists 170-Acre Semiahmoo Resort in Blaine for $27.5MM
A Seattle ownership group that rescued a shuttered waterfront resort near the Canadian border 13 years ago is now testing whether the market...
Chinese Developer Binjiang Offloads Seattle’s 142-Room Sound Hotel for $35MM
A Hangzhou Binjiang Real Estate Group affiliate has cashed out of the boutique hotel it helped build atop Belltown's Arrivé tower, transferring the...
Everwild Nordic Spas Hunts Washington Sites, Targeting 80,000 SQFT Urban Buildings and 5-Acre Parcels
First Western Properties has been tapped to source Washington acquisition targets for Everwild Nordic Spas & Hotels, the Basecamp Resorts brand that is...
Seattle’s World Cup Spending Boost Outlasted Its Rivals, Bank of America Data Shows
Seattle stood apart among the 16 World Cup host cities as one of only two where small-business sales at hotels, bars and restaurants...
100-Room Western Inn in Lakewood Trades for $8.2MM
GDS 1 Group LLC has acquired the 100-room Western Inn in Lakewood for $8.2 million, adding an economy-segment property to the steady run...
Steinhauer Properties Refinances 209,000 SQFT Office and 282-Room Hotel for $107MM in Seattle
Steinhauer Properties refinances its 255 South King Street office and Embassy Suites hotel complex in Seattle for $107 million.
Daniels, STROM Group Plan $40MM Nordic Wellness Destination at Kenmore’s Lodge at St. Edward Park
Daniels Real Estate has enlisted Quebec's STROM Group to convert a long-dormant pool building and meeting rooms at the historic Lodge at St....
Port of Anacortes Seeks Hotel Developer to Anchor Cap Sante Marina Waterfront Redevelopment
The Port of Anacortes has launched a search for a hotel developer to build the first-ever waterfront lodging at Cap Sante Marina, the...
