This is the second in a string of updates we will be posting here to keep hoteliers up-to-date on news and resources surrounding the coronavirus outbreak and its impact on the travel and hospitality industry.By Jena Thornton The effect from the coronavirus continues to have stunning impact on the hotel industry in the US and […]
This is the first in a string of updates we will be posting here to keep hoteliers up-to-date on news and resources surrounding the coronavirus outbreak and its impact on the travel and hospitality industry. By Jena Thornton The Black Swan has arrived. Definition of black swan: An event or occurrence that deviates beyond what […]
Kinzer Hospitality Expert Jena Thornton breaks down Seattle hotel trends to watch in 2020 and key figures from 2019. 2019 Key Statistics $775,000 Highest price per key sale – The Mark 81% occupancy Luxury class leads occupancy rates 11.6% Supply increase in downtown Seattle 1.8% RevPar Everett had the only positive RevPar in the region […]
Spare RoomsBy: Marc Stiles/PSBJ The region’s hotel market has grown 14 percent in the last five years, outpacing demand and limiting profitability. Jena Thornton, a hotel consultant at Kinzer Partners in Seattle, hopes the rebound occurs in the summer of 2021 but thinks 2022 is more likely. “My projection is the market still needs another […]
Sources: Equinox won’t take the former SLS Seattle hotel space after all Puget Sound Business Journal Kinzer Hotel and Hospitality Expert Jena Thornton speaks to Reporter Marc Stiles for a story on the hotel space in the bottom of the new F5 Tower.