Hyatt Hotels Corporation has just announced that the Hyatt affiliate entered into a franchise agreement with 50 Third Street Owner LP for Park Central San Francisco. In fact, this is to join this portfolio as an affiliated hotel. Managed by Highgate, The hotel is expected to rebrand to Hyatt Regency San Francisco Downtown SoMa. This rebranding following important renovations.
Hyatt Undergoes Multi-Million Dollar Renovations
Located in the heart of San Francisco’s South of Market (SoMa) neighborhood, the 681-room Park Central San Francisco will go under a multi-million-dollar renovation starting in early 2021. It will include a full redesign of guestrooms. Also the transformation of the meeting and event spaces. Moreover, this includes the ground floor lobby area and food and beverage experience. In addition, to a relocation and expansion of the fitness center.
Hotel’s Growing Presence in Many Locations
Continuing to prioritize thoughtful growth in locations that matter most to our guests is what this hotel does for the world of their members and customers. In the great city of San Francisco, we are ecstatic to further grow Hyatt’s presence. This is a critical market for this hotel, said David Tarr, senior vice president of development, Americas, Hyatt. It is truly remarkable this renovation of Park Central San Francisco. We really look toward having the hotel join the Regency brand. We want to have a smooth, intuitive experience for our guests.
It will be the third Hyatt Regency property in the San Francisco area. This hotel joins the Hyatt Regency brand. In fact, it will join Hyatt Regency San Francisco in the financial district. It is close to the classic Embarcadero. Moreover, this hotel at Regency San Francisco Airport. Hyatt Regency San Francisco Downtown SoMa will become the 10th hotel in the San Francisco area.
Bordering San Francisco’s well-known Union Square and the financial district, Park Central San Francisco is located along 3rd Street between Market and Mission Streets. It is ideally situated near the city’s most celebrated attractions. In fact, it is just steps away from the Moscone Convention Center. In addition, to Yerba Buena Center for the Arts, as well as the San Francisco Museum of Modern Art, Children’s Creativity Center, Oracle Park and Mission Bay.