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  1. Washington

    1. Seattle Hotel Market Report
      Second Quarter 2018

      With dozens of new hotels opened in the past few years, several urban markets are seeing a decline in occupancy rates. For example, in Bellingham, which experienced a near doubling of the room supply over a five-year interval, the market occupancy rate fell from 76% in 2012 to a 2018 estimate of 64%. In Downtown Bellevue, where six hotels have opened in the past four years, occupancy declined from 76% in 2013 to an estimated 70% in 2018. Ongoing development in South Lake Union is expected to have a similar impact.

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      Second Quarter 2018 Seattle Hotel Market Report
      Fourth Quarter 2017 Seattle Hotel Market Report
      Second Quarter 2017 Seattle Hotel Market Report
      Fourth Quarter 2016 Seattle Hotel Market Report
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