APA Hotel USA completes historic acquisition of 256-room Hilton Seattle for $68.8 million

The 256-room property will be renamed Hilton Seattle and will welcome guests as the Coast Seattle Downtown Hotel by APA on June 13, 2024.

(Editor’s note: The purchase price was $68.8 million, or about $268,554 per room, according to King County real estate records, and the seller was an entity affiliated with Westbrook Partners, which bought the hotel for $60.3 million, or about $252,301 per room, in 2016.)

Vancouver, British Columbia – June 13, 2024 – APA Hotel Co., Ltd. announced today that it has completed the acquisition of the Hilton Seattle, Washington, USA, through APA Hotel USA, Inc., a wholly owned subsidiary of APA Hotel Co. , Ltd. The property will remain under the management of Stonebridge Hospitality Management and will immediately be renamed the Coast Seattle Downtown Hotel by APA. Details regarding the terms of the transaction were not disclosed.

“By acquiring this property in Seattle, APA Hotel Co., Ltd and APA Hotel USA, Inc. are taking a monumental first step into the dynamic U.S. hotel landscape,” said Isshi Motoya, CEO of APA Group. “This strategic move aligns with our vision of expansion and exponential growth across North America. We are very excited to transform the property into Coast Seattle Downtown Hotel by APA, welcome our new Coast Hotels brand ambassadors, and provide guests with the high-quality service and experience our brand is known for. We also look forward to playing an active role in the continued resurgence of Seattle’s downtown business community.

This full-service property features 256 contemporary guest rooms and is located in the heart of downtown Seattle, just steps from the commercial district with its skyscrapers and tourist attractions such as Pike Place Market. Additionally, the hotel is connected to the Seattle Convention Center via an underground walkway. Coast Seattle Downtown Hotel by APA also offers executive rooms with spectacular views of the Seattle skyline, more than 6,000 square feet of flexible function space including pillar-free ballrooms, meeting rooms and high-rise rooms. floor with views of downtown, fitness center and Redtrees. Restaurant + Bar offering casual American cuisine with a Pacific Northwest twist.

Catering to a wide range of guests, including leisure, business, group and international travelers, the property will see some updates, including a lobby refresh. High-quality upgrades and amenities such as TOTO Washlets® and 55-inch flat-screen TVs, meeting the standards of the renowned Coast Hotels by APA brand, will be implemented in 2025, promising an enhanced guest experience.

APA Hotel Co., Ltd. made its international debut in 2015, followed by the acquisition of Coast Hotels Limited in 2016. Coast Hotels is one of the fastest growing hotel brands in North America and one of the largest in Canada, with a portfolio of more than 40 owned, franchised and managed properties.

About the APA Group
Headquartered in Tokyo, Japan, APA has a network of more than 750 properties and more than 110,000 rooms in Japan, making it the largest hotel group in the country. It also owns 100% of the Coast Hotels brand and owns the seven “by APA” hotels in Vancouver, Victoria, Chilliwack, Prince George, Edmonton, Calgary and Seattle. APA is known for its urban-style hotel concept that brings high-quality, highly functional and environmentally friendly hotels to the market.

About the hotels on the Coast
Each Coast Hotel property is as unique as the destinations in which it is located, but they all have something in common: friendly service and our consistently pleasant amenities. Coast Hotels offers properties throughout British Columbia, Alberta, Saskatchewan, Yukon, Alaska, California, Hawaii and Washington, in cities large and small. As one of the fastest growing hotel brands in North America, Coast Hotels owes its continued expansion to friendly service, prime locations, value and guest satisfaction. Coast Hotels owns and franchises hotels under the Coast Hotels brand and manages hotels under the Coast Hotels brand and on an independent basis.