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Following a multi-million-dollar renovation, Park Central #sanfrancisco is slated to become Hyatt Regency #sanfrancisco Downtown SoMa in 2022
CHICAGO (December 22, 2020) - Hyatt Hotels Corporation (NYSE:H) announced today that a Hyatt affiliate entered into a franchise agreement with 50 Third Street Owner LP for Park Central #sanfrancisco to join the Hyatt portfolio as an affiliated #hotel, effective Friday, December 18, 2020. The #hotel is managed by Highgate and expected to rebrand to Hyatt Regency #sanfrancisco Downtown SoMa, following significant renovations. The 681-room Park Central #sanfrancisco, located in the heart of San Francisco’s south of market (SoMa) neighborhood, will undergo a multi-million-dollar renovation starting in early 2021, that will include a full redesign of guestrooms, transformation of the meeting and event spaces, ground floor lobby area and food and beverage experience, as well as a relocation and expansion of the fitness center.
“Hyatt continues to prioritize thoughtful growth in locations that matter most to our guests, World of Hyatt members and customers. We are thrilled to further grow Hyatt’s presence in the great city of #sanfrancisco, which is an important market for Hyatt,” said David Tarr, senior vice president of development, Americas, Hyatt. “The renovation of Park Central #sanfrancisco will be truly remarkable, and we look forward to having the #hotel join the Hyatt Regency brand to offer a seamless, intuitive experience for guests.”
Once the #hotel joins the Hyatt Regency brand, it will be the third Hyatt Regency property in the #sanfrancisco area, joining Hyatt Regency #sanfrancisco in the financial district steps away from the iconic Embarcadero and Hyatt Regency #sanfrancisco Airport. Hyatt Regency #sanfrancisco Downtown SoMa is expected to be the 10th Hyatt #hotel in the #sanfrancisco area.
Park Central #sanfrancisco is located along 3rd Street between Market and Mission Streets, bordering San Francisco’s famed Union Square and the financial district. Ideally positioned near the city’s most celebrated attractions and steps away from the Moscone Convention Center, Yerba Buena Center for the Arts, the #sanfrancisco Museum of Modern Art, Children’s Creativity Center, Oracle Park and Mission Bay.
The #hotel will remain open throughout the renovation, which is expected to be completed in early 2022. Guests will enjoy a full range of services and amenities, including notable culinary experiences, stress-free environments for seamless gatherings, and expansive technology-enabled facilities for meetings and events, along with expert planners who adhere to every detail with high-touch experiences for event attendees. The #hotel offers guests approximately 32,000 square feet of flexible meeting and event space.
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