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The Kimpton Hotel & Restaurant Group, LLC is a San Francisco, California, based hotel and restaurant brand owned by IHG Hotels & Resorts (IHG) since 2015. Overview [ edit ]
The Beacon Grand is located in downtown Union Square, San Francisco. The hotel is adjacent to Saks Fifth Avenue's San Francisco flagship store and the iconic Powell–Mason cable car line passes in front of the hotel. [18] The hotel is also adjacent to the Theatre District and Chinatown, the oldest in North America. [10]
The hotel opened on February 1, 1915, [3] to serve crowds attending the Panama–Pacific International Exposition. Advertised as the first hotel in San Francisco to be fire and earthquake proof, with its 1924 addition of 3 floors, it became the largest hotel in the state.
As of 2008 the company owns more than 30 hotels, [13] manages 6 others, [14] and operates 18 restaurants, all within California. [15] Among the most famous is the Ventana Inn in Big Sur, California. [5] The Hotel Vitale, on San Francisco's waterfront, is the first hotel the company built, rather than bought from a previous owner. [16]
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 million. [5] Chesapeake was acquired in 2019 by ...
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