Seattle Airport Marriott Sells, Changes Management
- Jul 05, 2016
Seattle—Spire Hospitality will assume management responsibilities for the 459-key Seattle Airport Marriott. The property has traded for a reported $91 million, with AWH Partners—Spire’s owners—and joint venture partner Starr Properties acquiring the asset from Bethesda, Md.-headquartered Host Hotels & Resorts. Spire Hospitality will operate the location under a franchise agreement with Marriott.
In the near future, Spire will oversee extensive renovations, which will include doubling the 15,000-square-foot meeting and events space, finishing off the refurbishing of multiple areas and reconfiguring the atrium.
Situated at 3201 176th St., the hotel is within half a mile from Seattle-Tacoma International’s main terminal. A short walk from the largest airport in the Pacific Northwest, AWH Partners’ new Seattle property is also just a block away from the Link light rail.
Home to the Aqua Terra restaurant, the upscale hotel features an indoor atrium pool, a fully-equipped 24/7 fitness center and 14 meeting rooms offering high-tech services. Amenities at the Seattle Airport Marriott also include a sauna, a coffee house and airport shuttle services. Rooms range between 240 and 395 square feet.
“With this agreement, Spire Hospitality now manages three prominent properties in the Seattle market and one in Portland, Ore., leveraging our resources and showcasing a strong foothold within the Pacific Northwest region,” Bill DeForrest, president & CEO of Spire Hospitality, said in prepared remarks.
Images courtesy of marriott.com