Seattle, WA - 2024 Q3

The Seattle lodging market is ranked as a top-tier investment opportunity, despite a struggling tech sector potentially impacting hotel demand. The area's economy is diverse, with manufacturing showing recovery, but consumer-driven industries face challenges due to tech sector weakness. Hotel performance varies across classes, with luxury and upscale segments showing strengths in occupancy and revenue per available room. Occupancy and average daily rates have fluctuated since 2019, with recovery seen across most hotel classes. The report provides detailed metrics for each class, including top performing brands and largest hotels. Click here to view a shortened preview of the report.