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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.
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.
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 ...
Highlighted: Hyatt Regency at left and four towers. Not shown: Le Méridien hotel, located behind the other buildings, toward the right of the rightmost highlighted tower. Embarcadero Center is a commercial complex of four office towers, two hotels, and a shopping center located in San Francisco, California. An outdoor ice skating rink opens ...
The Four Seasons Hotel San Francisco at Embarcadero is a luxury hotel that occupies the top 11 floors of 48 story office tower of 345 California Center at 222 Sansome Street in the financial district of San Francisco, California. Completed in 1986, the 345 California Center tower is the fifth-tallest in the city, at 211.8 m (695 ft).
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