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Garrett Rowland / The Jay Hotel. The Jay, San Francisco's only major new hotel in 2023, has officially opened its doors just in time for holiday travel, and it screams luxury.
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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 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 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]
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