Muckleshoot Tribe paid $62.5M for hotel, land

The Muckleshoot Tribe of Washington paid $62.5 million for a historic hotel and some nearby land, The Seattle Times reports.

The tribe paid $41.9 million for the Salish Lodge & Spa in Snoqualmie. A 50-acre vacant parcel across the street went for $20.6 million.

The tribe doesn't plan any changes to the facility, which has 89 rooms, four suites and a spa. About 1.5 million people visit every year.

As for the land across the street, the tribe said it doesn't plan on putting a casino there.

Get the Story:
Tribe paid $62.5 million for Salish lodge and land (The Seattle Times 10/12)
Tribe Pays $63M for Salish Lodge, Excess Land (GlobeSt.Com 10/12)

Relevant Links:
Muckleshoot Tribe - http://www.muckleshoot.nsn.us
Salish Lodge & Spa - http://www.salishlodge.com

Related Stories:
Muckleshoot Tribe purchases historic luxury hotel (10/3)