Trinity Investments buys Fairmont Olympic Seattle in Washington [Yahoo! Finance]
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Source: Yahoo! Finance
The luxury property, first opened in 1924, is centrally located in Downtown Seattle, close to major corporate employers and landmarks. These encompass Amazon, Disney, and Starbucks, as well as Seattle Convention Center, Lumen Field, and Pike Place Market. The Fairmont Olympic Seattle boasts 450 guest rooms, five dining options, 25,000ft² of event space, retail outlets, and a range of amenities, including a 10,800ft² health club, 6,700ft² office area, and indoor heated pool. The hotel has recently undergone a $22m renovation, enhancing its public areas and function spaces. Trinity Investments managing partner, president, and CEO Sean Hehir said: “We are thrilled to acquire Fairmont Olympic Seattle, an iconic property that has stood at the heart of this vibrant city for a century. “This acquisition represents a unique opportunity to own a fully restored landmark hotel in a high-growth market that is experiencing a resurgence in corporate activity and benefiting from substanti
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