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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 ...
Hotel Carlton is a boutique hotel on Nob Hill in San Francisco which has been operating since 1927. It is operated by Joie de Vivre Hospitality. [1]It is a contributing property to the Lower Nob Hill Apartment Hotel District, which was listed on the National Register of Historic Places in 1991.
In April 2010, the hotel joined Wyndham Hotels and was renamed Parc 55 Wyndham San Francisco - Union Square. [7] In 2012, The Blackstone Group took 75 percent ownership of the hotel. [6] In February 2015, Hilton Worldwide bought the property and renamed it Parc 55 San Francisco - a Hilton Hotel. [8] In 2018, the building was valued at $512.2 ...
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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]
The Jay, Autograph Collection Hotel opened as the Park Hyatt San Francisco 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 ...
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The Spero Hotel, originally the Hotel Californian and later the Serrano Hotel, is a historic hotel building at 403 Taylor Street in the Tenderloin neighborhood of San Francisco, California. It was designed by architect Edward E. Young and built in 1923. A four story addition designed by Alfred Henry Jacobs was completed in 1929. The 12-story ...