August 21, 2001 |
After years of turning away guests and raising room rates, hoteliers across the San Francisco Bay Area have been hit by a sharp drop in business travel that has left them struggling to fill rooms. The region has reported some of the nation's steepest declines--10% and more--in hotel occupancy rates during the first half of the year as the dot-com bust and a slowing economy have triggered major cutbacks in business trips and meetings.
May 27, 1999 |
San Francisco's landmark Fairmont Hotel is in the middle of $72 million worth of major surgery designed to update the posh inn while keeping it true to its 1907 architectural roots. "This restoration is a significant chapter in the hotel's evolution," said Edward E. Mace, president and CEO of Fairmont Hotel Management LP, which manages the Nob Hill property. The renovations began last September and are expected to be complete by September 2000.
September 10, 1998 |
Host Marriott Corp. on Wednesday said it bought the 336-room Ritz-Carlton San Francisco for $161 million, gaining one of the most luxurious hotels in one of the nation's most profitable markets. Host Marriott said it expects the five-star hotel to generate about $18.6 million in operating cash flow in 1999. San Francisco is one of the most profitable hotel markets because competition there is limited by high building costs.
August 13, 1997 |
Several hundred victims of a fire that swept through their residential hotel piled wet, smoky clothes into plastic bags and suitcases Tuesday and sought shelter. "I don't know where to go now," said Arcadio Sarmiento, 69, who lived in the Delta Hotel with his wife, Leonora. The blaze forced as many as 300 people into the streets. Arson investigators blamed the Monday night fire on a careless smoker.
November 27, 1994 |
Helen Huntington Perrin celebrated her 99th birthday in the Fairmont Hotel on Saturday, fulfilling a dream she thought had ended when the 1906 earthquake destroyed the interior of the Nob Hill landmark. Her father, Pliny C. Huntington, was to have been the general manager of the hotel in 1906, its inaugural year. The position disappeared when the quake struck, pushing back the opening a full year. Perrin, who was 11 in 1906, dreamed of spending her childhood in the hotel.
October 16, 1994 |
Of course you want to take a vacation here. But where to stay? There are 176 hotels in the naked city (so says the convention and visitors bureau, anyway), and in the last two months I've seen 58 of them. I've also heard a few things, the way a nosy lodger does. The hottest property with the rich, famous and discrete? The Sherman House, say several cabbies and others.