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Hotel Market Research/Reports

  1. Washington

    1. Seattle Hotel Market Report
      Second Quarter 2017

      Thus far in 2017 hotels in South Lake Union have maintained very high occupancy rates, as have the upscale properties in SeaTac. Both markets also reported real growth in room prices. Occupancy was lower in peripheral markets, but prices continued to increase.


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      Second Quarter 2017 Seattle Hotel Market Report
      Fourth Quarter 2016 Seattle Hotel Market Report
      Fourth Quarter 2015 Seattle Hotel Market Report
      Second Quarter 2015 Seattle Hotel Market Report
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  2. Oregon

    1. Portland Hotel Market Report
      Fourth Quarter 2016

      Hotels in and near Portland are operating near equilibrium, with minimal fluctuation in occupancy and sustained growth in room prices. Nearly a dozen hotels have opened over the past three years, but market demand has proved sufficient to absorb this new capacity. While pending additions to supply could reduce occupancy rates in the Portland CBD, we expect that most markets will see higher room prices and continued growth in revenue.

      There are still opportunities for development of new hotels. Many small and midsize communities outside the Portland metro area have seen little or no construction in over a decade. In such markets, a new hotel can quickly become the dominant lodging property if properly sized, positioned, and branded.

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      Fourth Quarter 2016 Portland Hotel Market Report
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