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Yo_Mama_Been_Loggin

(122,454 posts)
Mon May 5, 2025, 02:26 PM 13 hrs ago

Eyes on Canada as Seattle hotels grapple with softer demand

Seattle's hotel industry softened some in March with a 4% decrease in overall occupancy, Visit Seattle reports.

While the 325,361 rooms sold was was down 4% year over year, it was 7% below March 2019. Revenue hit $63.8 million in March, down 5.5% compared with the year prior and 1.5% below 2019.

Hovering over the weak numbers is the United States' fraying relationship with Canada. It won't be possible to gauge the impacts of the trade war for several months. But the early numbers don't look good, with a nearly 43% annual drop in British Columbia-licensed vehicles heading to the United States, according to a report by the Canadian Broadcasting Corp.

Seattle's March convention calendar was less robust than March 2024's, Visit Seattle reported. In addition, there was a 6.7% annual decline in individual travel.

https://www.bizjournals.com/seattle/news/2025/05/04/canada-tourism-seattle-hospitality-trade-slows.html

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Eyes on Canada as Seattle hotels grapple with softer demand (Original Post) Yo_Mama_Been_Loggin 13 hrs ago OP
Factoring in hotels breakeven occupancy metric is 50-60% these numbers become far more significanct. NoMoreRepugs 13 hrs ago #1

NoMoreRepugs

(11,272 posts)
1. Factoring in hotels breakeven occupancy metric is 50-60% these numbers become far more significanct.
Mon May 5, 2025, 02:46 PM
13 hrs ago
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