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Apex Assessment

BLOGS - APEX LODGING ADVISORS

August 14, 2025

Hotel Industry Update - San Francisco / Bay Area Edition

San Francisco’s hotel market — still the least recovered in America post 2020. — saw renewed investor interest with two notable recent acquisitions. The nearly century-old Mayflower Hotel (99 rooms) near Union Square sold for $9.9M to local investors and lifetime hoteliers, marking its first change in ownership since 1927. The Tilden Hotel (118 rooms) sold for $9.3M, less than 20% of its $48M price from a decade ago. These transactions come as the city’s hospitality secto...