US-based hotel management company Interstate Hotels & Resorts has been chosen by Yareton Investment & Management to operate the 22-story Marriott Seattle Tacoma, which is scheduled to open in 2020.
A groundbreaking ceremony on the site was held on 8 August.
Chairman Yang of Yareton Investment & Management said: "We are honored to work with such high-quality partners to bring this vision to life, creating an exciting addition to the City of Tacoma, its economy and vibrant community. We look forward to welcoming guests to Tacoma and the new Marriott as a destination of choice for leisure and business travelers from all over the world."
Interstate Hotels & Resorts: Asia Investment head Don Li said: "Interstate is privileged to be a part of this prestigious project – a milestone for the City of Tacoma as a destination of choice for conference and convention business.
"This is our second hotel with this ownership group, and it is deeply rewarding to grow our relationship with such a prestigious developer as we continue to expand our recently announced Asia practice."
Once the construction of the 303-room Marriott Seattle Tacoma is completed, it will be the second tallest building in Tacoma, offering a four-star standard for regional, national and international conventions.
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By GlobalDataThe hotel will offer several meeting spaces, a 10,000ft2 ballroom, a garden terrace, a contemporary restaurant and lounge area, 1000ft2 presidential suites.
It will be located a few blocks away from The Museum of Glass, University of Washington-Tacoma, Washington State History Museum, and Tacoma Arts Museum.