San Francisco boutique hotel opportunity. 225-room fee-simple hotel in the heart of Japantown/Nob Hill. Currently operated under Hyatt’s JdV flag but can be acquired unencumbered by brand and management for a minimal fee. Features 13,000 SF of meeting/event space, including a 4,600 SF ballroom, plus a Michelin-starred restaurant. Ownership invested $39M+ in renovations, including a comprehensive 2018 repositioning. The hotel has achieved approximately 146% RevPAR penetration, benefiting from the continued recovery of San Francisco’s tech, AI, convention, and international travel sectors. Located adjacent to $41M+ of public redevelopment projects in one of the city's most supply-constrained lodging submarkets. Asking: $73M (~$324K/key) | ~6.5% Cap Rate.
📍 Off-market — general area withheld
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.