Hyatt Centric Fisherman’s Wharf — Park Hotels disposition
Hyatt Centric Fisherman’s Wharf · 316 keys · Upscale
Consideration
$80.0M
$253k / key
Park IR: $80 million for the 316-room Hyatt Centric Fisherman’s Wharf. Wharf upscale — not a Union Square palace.
Park Hotels & Resorts IR / BusinessWire, May 22, 2025
Park closed the 316-room Hyatt Centric Fisherman’s Wharf for $80 million, or $253,000 per key as Park rounded it. Harbor PPK is $80 million ÷ 316. Park’s 64.0x 2024 EBITDA line is Park’s narrative, not a second price. Park did not name the buyer — Harbor will not invent one. Wharf recovery tape, not a Nob Hill palace.