Lodging boom: New 103-room hotel coming to Olds Station in Wenatchee, Washington
Mike Irwin | The Wenatchee World, Wash. | March 22, 2018 3:38pm
March 21--WENATCHEE -- The number of hotel rooms in Olds Station will more than double now that a new 103-room hotel has been announced.
The new accommodation -- which as yet has no franchise affiliation -- is under development by hoteliers Steve and Tanya Tramp on property next to their 84-room Comfort Suites at the Park, 195 East Penny Road.
Developers hope to break ground on the new hotel sometime in April and open in around 10 months.
"The intention all along was to add a mid-tier hotel next door to the Comfort Suites," said Steve Tramp, principal owner of hotel management company Princess Properties Hospitality. "The Wenatchee tourism market is growing -- overflowing in some seasons -- so this hotel should be a welcome addition to this area's lodging industry."
The three-story hotel is the greater Wenatchee area's third now under construction. The 177-room Hilton Garden Inn near Pybus Public Market and the 99-room Fairfield Inn & Suites near McDonald's in East Wenatchee are both midway toward completion and could be open by year's end.
Tramp said his own company's estimates for Wenatchee Valley lodging in the next two to three years calls for another 300 to 350 rooms to be added to the area -- and that's after the current hotel building boom slows down.
"That kind of growth in the hospitality industry is the only way we're going to attract big conventions to our area," he said. "Right now, because of the lack of good, quality hotels, we're losing convention trade to Yakima, Spokane and Seattle. And that's crazy, since Wenatchee is so conveniently situated in the center of the state."
Said Tramp, "We're hoping our new (Olds Station) hotel will capture a different audience than some of the more upscale properties in the area." The new hotel will offer rooms in the $100 to $150 range to travelers "wanting a nice room with nice amenities but conscientious about managing their dollars," he said..
The hotel will feature a continental breakfast, indoor pool, fitness center and high-speed Internet, said Tramp. "But it won't necessarily have those high-end frills -- custom-made omelettes, $1,300 mattresses -- that can push nightly rates to $200 or more."
This week, Princess Properties had narrowed the selection of a hotel franchise down to three companies, said Tramp. "These are national brands that everyone will recognize," he said. "We just need a bit more study before we make a decision."
Wenatchee-based Princess Properties owns the Comfort Suites in Olds Station and a newly-renovated Quality Inn in Spokane.
For more info, visit the company's website at http://bit.ly/2HRKdOa.
Reach Mike Irwin at 509-665-1179 or email@example.com. Read his blog Everyday Business. follow him on Twitter at @MikeIrwinWW.