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Hyatt Centric Fisherman’s Wharf — Park Hotels disposition
$80,000,000 · $253,165/key
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.
Park Hotels & Resorts IR / BusinessWire, May 22, 2025