San Francisco · Luxury
Fairmont San Francisco
606 keys · San Francisco · Fairmont
Nob Hill palace. Mirae Asset bought the owning companies for $450 million in 2015 (trade press). Accor/Fairmont is the brand, not the 2015 deed.
West · gateway
San Francisco
A recovery market. Historic palaces and union houses still trade; underwriting must name weekday group and tech transient separately. The 2026 Embarcadero Hyatt Regency sale is a convention atrium tape — not Nob Hill, not Pebblebrook’s 2021 Villa Florence $87.5 million Union Square tape, not the 2022 Marker $77.0 million or Spero $71.0 million tapes, not the 2023 Hotel Zoe $68.5 million Wharf tape, and not an airport Four Points.
- Hotels
- 10
- Graph events
- 11
- Cited prices
- 9
- Desks
- 2
Hotels
Each house opens a labeled estimate. Defaults are assumptions — not an appraisal.
San Francisco · Upscale
Axiom Hotel San Francisco
151 keys · San Francisco · Axiom (independent)
Union Square house (née Powell Hotel). Host acquired the 151-key hotel plus 8,554 sf of retail and the land on January 21, 2014 for $75 million (Host 10-K / earnings exhibit). PPK is not rooms-only.
San Francisco · Upper upscale
Grand Hyatt San Francisco
668 keys · San Francisco · Grand Hyatt
Union Square box. Sold with Andaz Maui and Hyatt Regency Coconut Point to Host on March 29, 2018 as part of a $1.0 billion three-hotel PSA (Hyatt 8-K). Harbor will not invent an allocated price for this house.
San Francisco · Upscale
Hyatt Centric Fisherman’s Wharf
316 keys · San Francisco · Hyatt Centric
Wharf upscale, not a Union Square palace. Park sold the 316-key house in May 2025 for $80 million (Park IR). Park did not name the buyer — Harbor will not invent one. Not Pebblebrook’s 2023 Hotel Zoe $68.5 million tape.
San Francisco · Upper upscale
Hyatt Regency San Francisco
821 keys · San Francisco · Hyatt Regency
Embarcadero convention atrium, not a Nob Hill palace and not the $80 million Wharf Centric. Sunstone sold the 821-key house on July 30, 2026 for $279 million gross to funds affiliated with Blackstone (Exhibit 99.1). Sunstone’s ~$340,000/key line is their rounding; Harbor PPK is $279 million ÷ 821.
San Francisco · Upscale
Four Points San Francisco Airport
101 keys · San Francisco · Four Points by Sheraton
Airport Four Points. Summit sold the 101-key house in October 2024 for $17.7 million (FY2024 Exhibit 99.1 sold table). Day unnamed — Harbor uses the first of October. Buyer unnamed. Summit marked the cap-rate N/M because NOI was de minimis — that is Summit’s narrative, not a second price. Not the $279 million Embarcadero Hyatt Regency and not the $80 million Wharf Centric.
San Francisco · Upscale
Hotel Zoe Fisherman’s Wharf
221 keys · San Francisco · Hotel Zoe
Fisherman’s Wharf boutique. Pebblebrook closed the 221-key house on November 14, 2023 for $68.5 million (8-K). Buyer unnamed — Harbor will not invent a desk from trade press. Not The Marker San Francisco $77.0 million (2022), not Hotel Spero $71.0 million (2022), not Park’s 2025 Hyatt Centric Wharf $80 million tape, and not Sunstone’s $279 million Embarcadero Hyatt Regency.
San Francisco · Upscale
The Marker San Francisco
208 keys · San Francisco · The Marker
Union Square boutique. Pebblebrook closed the 208-key house on June 28, 2022 for $77.0 million (8-K). Buyer unnamed. Not Hotel Spero $71.0 million, not Hotel Zoe Fisherman’s Wharf $68.5 million (2023), and not Sunstone’s $279 million Embarcadero Hyatt Regency.
San Francisco · Upscale
Hotel Spero
236 keys · San Francisco · Hotel Spero
Union Square boutique. Pebblebrook closed the 236-key house on August 25, 2022 for $71.0 million (8-K). Buyer unnamed. Not The Marker San Francisco $77.0 million, not Hotel Zoe Fisherman’s Wharf $68.5 million (2023), and not Sunstone’s $279 million Embarcadero Hyatt Regency.
San Francisco · Upscale
Villa Florence San Francisco on Union Square
189 keys · San Francisco · Villa Florence
Union Square boutique. Pebblebrook closed the 189-key house on September 9, 2021 for $87.5 million (8-K). Buyer unnamed. Not The Marker San Francisco $77.0 million (2022), not Hotel Spero $71.0 million (2022), and not Hotel Zoe Fisherman’s Wharf $68.5 million (2023).
Desks covering this market
Public coverage lists, not a claimed book. Open a desk for the graph timeline.
CBRE Hotels — Americas desk
Investment sales practice
Practice-level node for CBRE’s public hotels platform. Harbor does not invent named producers or unpublished league tables.
32 public graph events · 22 cited · 10 unknown
2026 · 2025 · 2024 · 2023 · 2022 · 2021
Eastdil Secured — trophy / lodging
Investment banking
Large-cap real estate investment bank. Hotel work is typically trophy or portfolio, named in the financial press when it is public.
18 public graph events · 14 cited · 4 unknown
2026 · 2024 · 2022 · 2021 · 2020 · 2019
Public tape · 1 events
Transactions
Cited prices stay cited. Unknown stays unknown. Linked houses open the estimate worksheet.
Morning blotterCompare a cited single
Powell / Axiom Hotel San Francisco — Host Hotels acquisition
Axiom Hotel San Francisco · 151 keys · Upscale
Consideration
$75.0M
$497k / key
Host 10-K / earnings exhibit: $75 million for the 151-room Powell Hotel, 8,554 sf of retail, and the fee-simple land. PPK includes retail and land — not rooms-only.
Host Hotels & Resorts earnings exhibit (EX-99.1), February 2014
On January 21, 2014 Host acquired the 151-room Powell Hotel in San Francisco, along with 8,554 square feet of retail and the fee-simple land, for $75 million. Later converted to Axiom. Do not treat $496k/key as a rooms-only Union Square comp. Trade-press hotel/retail splits are unnamed-source gossip — Harbor will not repeat them as fact.