Hyatt Hotels Corp. is building a 1,260 room tower that's set to become the biggest hotel in the Northwest when it opens in the fall. In 2017, SeaTac Airport bucked the second year of declines in international arrivals to the U.S., posting a 5 percent increase, according to Visit Seattle.
Seattle's Wright family, which built and owns the Space Needle, is also installing glass in the observation deck's rotating floor and remodeling the restaurant in the first phase of the renovation.
Repainting the exterior of the 600-foot (183-meter) structure and replacing its three elevators will follow, according to Karen Olson, chief marketing officer at Space Needle. The project is being finance with a commercial loan, she said.
"Keeping your product well maintained and 'fresh' increases desirability," said Jeanne Liu, senior vice president of research at Longwoods International USA Inc., a consultancy that compiles tourism industry statistics for Visit Seattle. "There are a lot of places to visit in this world, and those destinations with a solid tourism infrastructure that is well maintained can use that as a competitive advantage."