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With a market cap rapidly approaching $1 Trillion, a supreme court decision that may tax everyone but Amazon, a Seattle based Amazon Tax being passed, then voted down, there’s really no shortage of Amazon based news to read. But this is a travel blog, and I wanted to point you guys to an article I read this morning regarding the proposed economic impact of Amazon’s new HQ2. It was eye opening, especially regarding how many rooms Amazon rents in Seattle alone.
BizJournals investigates the impact of Amazon putting an HQ2 in the Washington D.C. metro area. If you aren’t familiar with HQ2, Amazon is opening a second headquarters and has narrowed down a list of 20 prospective cities to locate it in. Washington D.C. is on the list. What really stood out to me was the sheer volume of occupancy Amazon is responsible for in it’s hometown, Seattle. 330k rooms were rented by Amazon in 2017, up a 100k from 2016. That’s a staggering number. On any given night, Amazon is renting over 900 rooms in the city. I mean…why don’t they just buy a hotel chain? 🙂
I wonder if Amazon Affiliates would qualify for a corporate rate 😉
It’s no wonder cities are offering Billions in incentives to entice Amazon to root its HQ2 on their turf. New Jersey offered over $7B and Chicago $2B in order to get a favorable look. Those massive incentives aside…Business Insider had a thought provoking analysis as to why it pegged the D.C. area to be the favorite: a local Arlington news site saw a readership spike pertaining to one article. It was on green building in the area. The traffic almost entirely originated from Amazon servers. Quite interesting.
In case you’re wondering:
The list of 20 cities:
- Austin, Texas
- Columbus, Ohio
- Los Angeles
- Montgomery County, Maryland
- Nashville, Tennessee
- Newark, New Jersey
- New York City
- Northern Virginia
- Raleigh, North Carolina
- Washington, DC
*feature image Grand Hyatt Seattle, courtesy of Hyatt.com