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Hotel Market Research/Reports

  1. Washington

    1. Seattle Hotel Market Report
      Fourth Quarter 2013

      Seattle hotel managers will look back fondly at 2013 as the happiest of times. For hotels in and near the CBD, occupancy rates were near all-time highs and room prices increased rapidly. This strong performance was not lost on the development community, which has awakened with a vengeance from its recession-era slumber. Ten hotels are under construction in the tri-county area, and many more are planned. For the near term, increases in the competitive supply will reduce occupancy rates and put downward pressure on room prices. Look for most markets to bottom out in 2016 or 2017, and to recover gradually in subsequent years.

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      Fourth Quarter 2013 Seattle Hotel Market Report
      Second Quarter 2013 Seattle Hotel Market Report
      Fourth Quarter 2012 Seattle Hotel Market Report
      Second Quarter 2012 Seattle Hotel Market Report
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