Real estate firm defaults on loan, loses SF’s largest hotel

📆 6/6/2023 5:55 PM
📰 SFGate

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A Hilton Hotel spokesperson told SFGATE that the two hotels will remain open and operational.

Parc 55 San Francisco, a Hilton hotel at 55 Cyril Magnin St., is one of the largest hotels in the city with 1,024 rooms.announced June 5 that it’s defaulting on its loan and releasing the hotels from its portfolio.

“Hilton has no plans to discontinue operating the hotels,” the spokesperson wrote in an email. “We remain fully committed to welcoming guests with the quality service and hospitality experience they have come to enjoy.”

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