Hilton Closes $408 Million Acquisition of Two Major San Francisco Hotels

Reuters11-25

Hilton Closes $408 Million Acquisition of Two Major San Francisco Hotels

Hilton Worldwide Holdings Inc., in partnership with Newbond Holdings and Conversant Capital, has completed the acquisition of two of San Francisco's largest hotels: the Hilton San Francisco Union Square and Parc 55 San Francisco - A Hilton Hotel. The combined purchase price for the approximately 3,000-room properties was $408 million, representing roughly 10% of the city's total hotel room inventory. The new owners plan to embark on extensive capital improvements to revitalize these iconic hotels, supporting San Francisco's ongoing recovery as a global destination.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hilton Worldwide Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251125558285) on November 25, 2025, and is solely responsible for the information contained therein.

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