Contact Us

Interested in sponsoring a event? Contact advertising@bisnow.com

RESCHEDULED 2019 Pacific Northwest Hotel Summit

Portland & Puget Sound's Increase In Development, Investment, & Supply

Event Ended On: Tuesday February 19 2019

Registration Questions? **Please note we have pricing tiers based on ticket availability. Ticket prices will increase once we sell out of the current pricing tier. We cannot redeem a lower price once the ticket prices have been raised. **Bisnow is a cashless, checkless operation. Please only submit payment via credit card.

Events Speakers and Panels

Investment & Development Update

Who is buying? Who is building?

Matt Griffin

Principal, Pine Street Group

Shauna Decker

VP of Design & Development, R.C. Hedreen Co.

James Wong

CEO, Vibrant Cities

Construction and Design in Building a Brand

Tips, tricks, and tactics trom the ground up

John Oppenheimer

John Oppenheimer

CEO, Columbia Hospitality

Agenda

Time Activity
7:30 AM
8:30 AM
Coffee, Breakfast, & Networking
8:30 AM
8:50 AM
Fireside Chat: Vacasa
The future of property management and growth of vacation rentals
8:50 AM
9:35 AM
Investment & Development Update
Who is buying? Who is building?
9:35 AM
10:20 AM
The Role of Construction and Design in Building a Brand
Tips, tricks, and tactics from the ground up
10:20 AM
10:30 AM
More Networking!

Venue/Parking

Four Seasons Hotel Seattle
99 Union Street
Seattle, WA 98101

Ballroom: The Ballroom, 2nd Floor

Parking Information: Valet Discounted Rate of $28.00 per car
Self-Parking Options:
Republic Parking Lot: 1400 Alaskan Way (2-4 Hrs $12.29)
Target Parking Garage (3-4 Hrs $16.00)
Russell Investment Center Garage: 1301 Second Ave. (3-4 Hrs $24 / Early Bird $16)
*Pricing Subject to Change*

Get Directions

Event Summary

Portland and Seattle, the Pacific Northwest's two largest markets, continued to exhibit tourism growth in 2017. Portland saw 8.6 million tourists while Seattle hosted a whopping 39.9 million guests,

representing growth for an eighth consecutive year.



On the development front, Portland is in the midst of a continued – and elongated – boom. According to data from STR, 1,700 new rooms were added to the city's inventory in 2017 and through June 2018, an additional 2,507 rooms were in development. Overall this represents 8.5% of the market's exiting supply (29,328 rooms). Coupled with the increase in development is newfound investment interest from domestic and foreign firms.

Further north, Seattle is in the thick of an uptick of its own.

As of September 2018, the city had 15,049 hotel rooms – a 15% increase from 2013. Beyond the current inventory, five hotels (1,897 rooms) are under construction with four hotel (876 rooms) in final planning and four hotel (567 rooms) in early planning.



For more information contact Pacific Northwest Event Producer Matt Seukunian (matt.seukunian@bisnow.com)

1. Why do investors see the Pacific Northwest as an attractive market for hospitality?

 
2. What does the sharp increase in supply mean for existing properties in the markets?
 
3. While the hotel development boom will likely lead to the usual increased tourism affects (traffic, street congestion, etc.) , what benefits can residents in the region expect?
 
4. How are these hotels differentiating themselves and establishing strong and unique brands?
 
5. What, if any, neighborhoods and submarkets have not yet been tapped into? 

Sponsors