Tag: Seattle
Sonnenblick-Eichner Arranges $50 Million Loan to Refinance Seattle’s Hotel Theodore
Beverly Hills, Calif. – Sonnenblick-Eichner Company has arranged $50 million of interim first mortgage financing to refinance Hotel Theodore, a 20-story, 153-room, full-service, luxury...
Delta Hotels by Marriott Opens in Everett, Washington
Everett, Wash.—After an $18 million extensive transformation of the former Holiday Inn Downtown Everett, Delta Hotels by Marriott has opened a 232-room property in...
March 2018 Rate Peak Drives Profit Growth for Full-Service U.S. Hotels
The achieved average room rate at U.S. hotels hit a high of more than $220 in March, fueling the continued increase in profit per...
WoodSpring Expands Its Pacific Northwest Footprint
Charlotte, N.C.—Extended-stay hotel company WoodSpring Hotels has opened a property in Washington—WoodSpring Suites Seattle Redmond. Developed by West 77 Partners LLC, the new hotel...
August 2017 GOPPAR Levels Hit a 2017 Low
Despite recording a 0.6 percent increase in RevPAR, GOPPAR at U.S. hotels fell to a year-to-date low of $71.01 in August 2017 as demand...