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Seattle–Tacoma–Bellevue MSA

Pacific Northwest·Destination dashboard

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Rates

Tuesday Trends board

Captured Tue, Oct 20, 2026. Median cheapest refundable nightly rate, 2 adults, pre-tax, across 50 hotels. Indicative Google Hotels prices; decision support, not a quote.

Median cheapest refundable nightly rate by horizon and stay
OutWeekdayMon–ThuWeekendFri–Sun
1 wk
$246
46/50 priced
3 no rates on Google
$209
49/50 priced
1 no rates on Google
1 mo
$204
50/50 priced
$208
49/50 priced
1 no rates on Google
3 mo
$171
50/50 priced
$176
48/50 priced
6 mo
$222
42/50 priced
1 no rates on Google
$214
47/50 priced
2 no rates on Google
~11 mo
$339
40/50 priced
4 no rates on Google
$348
42/50 priced
3 no rates on Google

Coverage counts hotels with a refundable rate; low-confidence prices (2 or fewer sellers and no official hotel site) are left out. Thin: under 15 of 50. ● 10+ no rates on Google at 1 wk. At ~11 months, no rates largely reflect Google's ~330-day pricing limit.

Signals

26 cited
talent1 changeas of 2026-10-19

Seattle talent: 3.1 Notable recent management changes

Hotel 1000 → Columbia Hospitality + Unbound by Hyatt (Feb 2026).

tax6 rowsas of 2026-10-11

Seattle tax & CVB: Lodging tax stack (City of Seattle)

State + local sales tax on lodging (WA DOR lodging component): 8.7% (arithmetic: 15.70% total − 7% convention center tax) · State / local…

debt4 rowsas of 2026-10-11

Seattle debt & deals: Market-level reads

Host Seattle comparable RevPAR: flat YoY · Q3-2025 Seattle CBD OCC / ADR / RevPAR: 70.7% / $239 / $169 · 2Q26 (Kidder Mathews)

debt3 rowsas of 2026-10-11

Seattle debt & deals: CMBS / balance-sheet loans

Park Hotels 2026 mortgage maturities (portfolio-wide, not Seattle-specific): $1.598B maturing in 2026 · Disclosed alongside the Hilton…

pipeline3 rowsas of 2026-10-11

Seattle pipeline: Stage rollup

UC (Kidder, mid-2026): 2 · 249 UC (CMRE composite, secondary): ~100–150 metro-wide

pipeline2 rowsas of 2026-10-11

Seattle pipeline: Named projects

SpringHill Suites, 11711 Pacific Hwy: 128 · UC · Lakewood · 2027

supply6 rowsas of 2026-10-11

Seattle supply: Snapshot

Implied rooms (STR market): ~51,345 (Q2 supply room-nights ÷ 91, derived) · Q2 2026

talent4 rowsas of 2026-10-11

Seattle talent: 2. Build talent (summary)

MSA construction: 124,300 → 124,000 (−300, −0.2%) · Aug 2025 → Aug 2026

talent4 rowsas of 2026-10-11

Seattle talent: 3. Operator bench

Operator bench. Columbia Hospitality (Seattle HQ): M — hotels, venues, golf, residential · Took over all lodging + dining at Hotel 1000…

talent1 rowsas of 2026-10-11

Seattle talent: 3.2 Pre-open risk — named openings (no pipeline review yet)

Other 2027 Seattle openings: No public read · pipeline review needed.

Source: No linked public source (reviewed 2026-10-11) · no public read

talent4 rowsas of 2026-10-11

Seattle talent: 5. Gaps (no public read)

Local 8 contracts at other downtown Seattle hotels (Motif, Westin, Sheraton Grand etc.): No public read

Source: No linked public source (reviewed 2026-10-11) · no public read

supply3 rowsas of 2026-10-11

Seattle supply: Submarket basemap (v0)

Downtown / Lumen–Convention: June downtown room nights ~9% above June 2019; group displaced during Cup, then 90.5% first post-Cup week

supply4 rowsas of 2026-10-11

Seattle supply: Latest pulse

C&W Q2 2026 (STR/CoStar): OCC 71.8%, ADR $193, RevPAR $138 (+2.3%); supply +1.4%

supplyscore 1/5as of 2026-10-11

Seattle supply-pressure score 1/5

1 / 5 (strong supply tailwind). UC intensity: 0.5% of inventory

citywide_calendar2 eventsas of 2026-10-11

Seattle 90-day compression calendar (Oct 12 2026 → Jan 10 2027)

2026-12-03: INTERFACE Seattle (SCC Arch) [Tech / day event] — Organizer next pull: Low overnight share

drive4 rowsas of 2026-10-11

Seattle drive + attraction demand anchors

Drive catchment: I-5 corridor (Portland, Vancouver BC via border), I-90 (Spokane, eastern WA); ferries/Olympic Peninsula

citywide_calendar5 rowsas of 2026-10-11

Seattle group / citywide demand calendar

Summit first full year: 350,837 attendees; 68 Summit events INTERFACE Seattle (Arch): Dec 3, 2026; attendance no public read

airlift8 rowsas of 2026-10-11

Seattle airlift / air access demand

2025 total pax: 52,715,181 (record; +0.08%) 2025 international: ~7.1M (+7.8%), ~13.5% share

visitation6 rowsas of 2026-10-11

Seattle visitation / demand volume

Visitors 2025 (Seattle + King County): 39.7M (−0.6%) (2026-03-26 (upd.

eventhostas of 2026-10-11 (event Jun 11–Jul 19, 2026)

World Cup 2026 post-Cup demand read — Seattle (host)

World Cup 2026 (Jun 11–Jul 19) — host market. Key numbers (lift vs hype): HVS: OCC −6.3 pt (worst), ADR +$26.56, RevPAR +15.7%, <$25M.

reit_exposure1,951 rooms / 2 REITsas of 2026-10-11

Seattle REIT ownership (Tier 1): 1,951 rooms, 2 REITs

Rooms owned: HST 1,315 (67%); APLE 636 (33%). PK sold the 396-room Hilton Seattle Airport & Conference Center in April 2026 for $18M (10-K…

talent$31.03/hr from 2027-01-01as of 2026-09-16

Seattle labor: housekeeper wage floor $31.03/hr from Jan 1 2027 (Embassy Suites strike settled)

UNITE HERE Local 8 struck the Embassy Suites Pioneer Square (Hilton-managed, Steinhauer-owned) on June 18, the day before USA–Australia…

Hotel-tax collections

newest first · 4 periods
taxSeattle $95.30M (+1.9%) · King Co. $3.14M (−50.8%) · auditedas of CY2025

Seattle convention-center lodging tax, annual — CY2025

Regular (Seattle): $95,297,884 · YoY: +1.9% (computed) · Extended (King County): $3,142,961 · YoY: −50.8% (computed).

taxSeattle $93.49M (+12.1%) · King Co. $6.39M (+13.2%) · auditedas of CY2024

Seattle convention-center lodging tax, annual — CY2024

Regular (Seattle): $93,491,443 · YoY: +12.1% (computed) · Extended (King County): $6,393,572 · YoY: +13.2% (computed).

taxSeattle $83.37M · King Co. $5.65M · auditedas of CY2023

Seattle convention-center lodging tax, annual — CY2023

Regular (Seattle): $83,365,806 · YoY: n/a (CY2022 not pulled) · Extended (King County): $5,649,629 · YoY: n/a.

taxno public readas of 2026-10-11

Seattle hotel-tax series — gaps

Seattle hotel-tax series gaps (as of 2026-10-11): Monthly / quarterly: no public read found from WA DOR, the City, or the PFD this pass.

Source: Official publishers (gap note; no public read) · no public read

Assets

none yet
No cited assets yet for this destination. Underwrite by submarket and product class — MSA averages are not a substitute for a competitive set.

Linked findings

No radar findings for this market yet.