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Built by Midwestern hotel developers Leon W. Huckins and John A. Newcomb at a cost of $5 million (equivalent to $88.7 million in 2023), the hotel's grand opening, on October 23, 1928, attracted a crowd of 10,000 people during a two-day open house, as well as officials like San Francisco Mayor Jimmy Rolph, Jr. and California Governor, C. C. Young.
The Park Hyatt San Francisco opened in 1988. HEI Hotels & Resorts bought the hotel from SHC Park San Francisco, a subsidiary of Strategic Hotel Capital, on May 9, 2006, and rebranded it as Le Méridien San Francisco the following day, under franchise from Starwood. [3] [4] In 2010, Chesapeake Lodging Trust bought the hotel from HEI for $143 ...
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The hotel was sold to ANA Hotels for $100 million in 1988 and renamed ANA Hotel San Francisco. [7] Scenes in David Fincher 's 1997 film The Game were shot in the hotel. ANA sold it, along with their Washington, DC hotel, to Lowe Enterprises on September 29, 1998 for $270 million. [ 8 ]
The Palace Hotel is a landmark historic hotel in San Francisco, California, located at the southwest corner of Market and New Montgomery streets. The hotel is also referred to as the New Palace Hotel to distinguish it from the original 1875 Palace Hotel, which had been demolished after being gutted by the fire caused by the 1906 San Francisco earthquake.