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The Hotel Whitcomb is a San Francisco hotel that was built from 1911 to 1912. Located at 1231 Market Street, the Whitcomb opened in 1912 as San Francisco's temporary city hall and then reopened in 1917 as a 400-room hotel.
Ian Schrager Hotels took over management in 1997, and the hotel became simply Clift. Schrager bought the hotel outright in 1999, for $80 million. [7] Soon after, he oversaw a $50 million complete renovation, which involved the restoration of the Redwood Room, and the gutting and redesign of much of the rest of the hotel, by designer Philippe ...
The hotel was sold by Strategic Hotel Capital LLC, in January 2007 for close to US$200 million to Dune Capital Management and DiNapoli Capital Partners – roughly $250,000 for each of the hotel's 802 rooms. [7] In December 2013, the hotel was purchased by Aliso-Viejo, CA-based Sunstone Hotel Investors, Inc., for $262M. [8]
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 ...
This page was last edited on 26 January 2023, at 20:13 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
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