Hilton Worldwide Expands Portfolio in San Francisco with Acquisition of Parc 55 Wyndham San Francisco – Union Square
SAN FRANCISCO - Hilton Worldwide today announced the acquisition of Parc 55 Wyndham San Francisco - Union Square. The property, which will be renamed Parc 55 San Francisco a Hilton Hotel, adds 1,024 guest rooms, 54 suites and more than 30,000 square feet of meeting and function space to Hilton's existing portfolio of San Francisco hotels. Ideally situated in the Union Square area, Parc 55 is one of five landmark properties purchased from the proceeds of the sale of the Waldorf Astoria New York. The other hotels in the transaction include: The Reach, A Waldorf Astoria Resort and Casa Marina, A Waldorf Astoria Resort, both in Key West, and Hilton Orlando Bonnet Creek and Waldorf Astoria Resort Orlando.
"Hilton has a celebrated heritage in San Francisco which began with the opening of Hilton San Francisco Union Square more than 50 years ago," according to Rob Palleschi, global head, full service brands, Hilton Worldwide. "Parc 55 San Francisco a Hilton Hotel is a special addition to our rapidly growing global portfolio of more than 550 Hilton properties, and the custom furnished guest rooms, stunning views, massive event space and key location will give travelers the perfect vantage point to experience all the city has to offer."
"Parc 55 complements its new sister hotel, Hilton San Francisco Union Square in one of the world's most desirable gateway destinations," said Keith Clampet, senior vice president of hotel operations at Hilton Worldwide. "With a contemporary design geared for both corporate and leisure guests, the hotel is an exceptional addition to our group of high-quality properties in the area."
Parc 55 will be managed by the existing general manager of the property, John LaFortune. Boasting 23 meeting rooms featuring dramatic views of the city, advanced audiovisual equipment and a business center with free Wi-Fi and fax, copy and printing services, the hotel is ideal for groups of 10-700. Coupled with Hilton San Francisco Union Square, the two properties will be able to attract and accommodate larger groups with nearly 3,000 rooms and 165,000 square feet of functional meeting space combined.
Featuring artwork throughout the hotel lobby created by artists Sydney Bridges and Alex Garcia, Parc 55 boasts 1,024 accommodating guest rooms and 54 expansive suites. A full-service 24- hour fitness center, 55 Fitness, offers high-tech cardio and weight equipment allowing guests on the road to stay on target with fitness routines. Additional amenities include a 135-space parking garage with a Juice Bar for automobile charging and an array of dining options including authentic Thai eatery, Kin Khao, Cable 55 Restaurant which features innovative American cuisine and grab-and-go style Barbary Coast.
Hilton (NYSE: HLT) is a leading global hospitality company with a portfolio of 17 world-class brands comprising nearly 5,900 properties with more than 939,000 rooms, in 114 countries and territories. Dedicated to fulfilling its mission to be the world’s most hospitable company, Hilton earned a spot on the 2018 world’s best workplaces list, and has welcomed more than 3 billion guests in its 100-year history. Through the award-winning guest loyalty program Hilton Honors, more than 94 million members who book directly with Hilton can earn Points for hotel stays and experiences money can’t buy, plus enjoy instant benefits, including digital check-in with room selection, Digital Key, and Connected Room. Visit newsroom.hilton.com for more information, and connect with Hilton on Facebook, Twitter, LinkedIn, Instagram, and YouTube.
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