The establishment has recently undergone a $22m renovation, enhancing its public spaces. Credit: Evgeniy Vasilev via Shutterstock.

Private real estate investment company Trinity Investments has taken over the historic Fairmont Olympic Hotel in Seattle, Washington, US.

The luxury property, first opened in 1924, is centrally located in Downtown Seattle, close to major corporate employers and landmarks.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

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.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“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 substantial capital investments. We are eager to build on the property’s legacy by embarking on a full guestroom renovation, further solidifying its position as Seattle’s premier destination for business and leisure travellers.”

The acquisition of the Fairmont Olympic Seattle follows Trinity’s recent purchase of The Standard, London, in partnership with Oaktree Capital Management and Partners Group.

In 2024, Trinity has invested over $730m in hotels and hospitality assets worldwide.

The Fairmont Olympic Seattle is Trinity’s 11th hotel transaction in the US since the final closing of Trinity GP Fund I, the company’s inaugural fund, in 2021.

The company plans to revitalise the guestrooms, which have not been updated since 2016.