During a downturn, hotel managers can fill rooms by cutting rates. But, after falling 14 percent bet

Developer Kauri, which has built hotels before, may be first out of the gate: It plans to start construction next spring on an 8-story building with a 126-room Hyatt and 46 apartments in the shadow of the Space Needle, at Fifth Avenue North and Broad Street.
American Life and Daniels Development expect to break ground a few months later on a 23-story hotel just north of CenturyLink Field, part of the ambitious Stadium Place development they say will help revitalize Pioneer Square.
Touchstone, another developer with previous hotel experience, has applied for permits for Edison, a 14-story travel from london to Hilton and an 11-story office tower in the Denny Triangle on Boren Avenue between Howell and Stewart streets.
Touchstone's A-P Hurd says the company also is dusting off plans for a 12-story hotel and apartment building near Pike Place Market, at First Avenue and Stewart, that already has key permits but has been on hold for several years.
Those files also show an architect representing the owner of the Kress Building, at Third Avenue and Pike Street, has approached city planners travel from london to about building a hotel above the 3-story, 1920s office and retail building.
In May, Hedreen President David Thyer was talking about a 900- or 950-room high-rise hotel. Now, according to city permit records, that's travel from london to been upped to 1,200 rooms along with 600 apartments, 350,000 square feet of office space and 125,000 square feet of meeting space.
"The rule of thumb is that when annual occupancy travel from london to hits 70 percent, then developers start to get interested," says John Gordon, a senior vice president and hotel appraiser with brokerage Kidder Mathews in Bellevue.
During a downturn, hotel managers can fill rooms by cutting rates. But, after falling 14 percent between 2007 and 2010, average downtown Seattle room rates have recovered about half that loss, according to Smith.
travel from london to Hotel developers also are interested in building now because they say there's no new supply to meet increasing demand. Thyer says that Hedreen's market studies indicate "the need is going to be there."
Touchstone's Hurd says the company's Edison project couples a hotel with an office tower in part because the two can share the same parking: Office demand for stalls is greatest during the day, while hotel demand travel from london to peaks at night.