Thursday, December 10, 2009
Wednesday, November 18, 2009
Happening around W Hotel
Whats happening near W hotel San Francisco
Welcome to the San Francisco Chronicle|SFGATE.com 52nd Annual International Auto Show presented by AutoTrader.com featuring the 2010 model vehicles from the world's major manufacturers.
| DATE: | Nov. 26 — Dec. 2, 2009 | ||||||||||||||||||||||||||||||
| LOCATION: | MOSCONE CENTER | ||||||||||||||||||||||||||||||
| SHOW TIME: | 10 AM — 10 PM (Nov. 26 - Dec. 1) 10 AM — 9 PM (Dec. 2) | ||||||||||||||||||||||||||||||
| ADMISSION: | $8.00 --- Children 12-and-under are free when accompanied by an adult.
|
Wednesday, October 28, 2009
Saturday, October 24, 2009
PARKING ONLY
OK guys and girls and all ages party will be in the city this Halloween. This little information about your parking problem might help you save a little for one more drink or you can choose street parking just read the sign what time is street cleaning and what time you can't park, good luck. Drink Hard But Don't Drive or its a TICKET Peace Party With Safety.
This garage was in front of the blooming dale mall
Hours: Open 24 hours Cost:
$3 for 0-1 hour;
$6 for 1-2 hours;
$9 for 2-3 hours;
$12 for 3-4 hours;
$15 for 4-5 hours;
$18 for 5-6 hours;
$21 for 6-7 hours;
$25 7-12 hours;
$30 12-24 hours;
$30 maximum price
Click here for MAP site
This garage was in front of the blooming dale mall
Hours: Open 24 hours Cost:
$3 for 0-1 hour;
$6 for 1-2 hours;
$9 for 2-3 hours;
$12 for 3-4 hours;
$15 for 4-5 hours;
$18 for 5-6 hours;
$21 for 6-7 hours;
$25 7-12 hours;
$30 12-24 hours;
$30 maximum price
Click here for MAP site
Friday, October 9, 2009
Tuesday, August 25, 2009
Parking Policy
The hotel only offers valet parking. Parking rates are as follows:
- Overnight valet parking - $45, plus tax
- Overnight valet parking for Hybrid Vehicles - $25.66, inclusive of tax
- Validated Parking for XYZ Restaurant and Bliss Spa is $15, inclusive of tax (for up to three hours) then $5 each additional half hour
- Hourly Parking:
- 1st hr $14 every half hour is $7
- Max out at3 hrs $50
Thursday, August 20, 2009
http://www.starwoodhotels.com/whotels/property/overview/index.html?propertyID=1153&PS=PS_aa_SSP_PNW_W_San_Francisco_POP_102908_NAD_FM
The W Hotel San Francisco is being sold to a Hong Kong investment firm for $90 million.
This deal marks the first hotel sale in San Francisco since 2007. Buyer Keck Seng Investments is paying almost $223,000 for each of the hotel’s 404 rooms.
One of the last hotel sales in San Francisco prior to the market downturn was of Campton Place Hotel to Taj, an Indian company, for $527,000 per key in April 2007.
While the price of the W might seem to represent a significant drop in value for San Francisco hotels, the selling price reportedly met Starwood’s expectations, sources say. Nor was the hotel a distressed property.
Starwood built the W in 1999 and has owned it ever since. It will continue to have a long-term management contract on the property — a necessary term of the deal.
The sale is part of a larger Starwood strategy to divest certain properties and focus instead on managing and operating rather than owning hotels.
“Selling this asset has nothing to do with the market or financial issues,” said Michael Pace, general manager of the W San Francisco. “It’s part of our growth, in fact.”
Starwood has said it plans to double its W brand to 60 hotels within three years.
The deal is expected to close at the end of July. Jones Lang LaSalle Hotels has been marketing the W since November 2008.
“The question in this market is always going to be did you undersell the property or not,” Pace said. “But at the peak of the market two years ago, was that truly the market value? I think the answer is no. People paid a lot in 2006 and 2007.”
Many of those highly leveraged, high-premium sales will have debt coming due in the next couple of years, and many industry watchers worry that could lead to significant issues as buyers look to refinance. This deal will likely be used as an appraisal benchmark.
The W sale “will have an impact and begin to price assets all over the city, and for that matter, the whole Bay Area,” said Bob Eaton of PKF Capital. “I don’t know what value it would have been at at the previous high mark in the open market. It could have been $450,000 a door, so the fact that this comes in at effectively half of that is not a surprising valuation in today’s market.
“Generally, values of hotels across the U.S. have taken a significant hit, and value is somewhat of an elusive thing. Unless there’s a transaction, it’s real hard to say what something would have been worth,” Eaton added. “This is a significant transaction for the Bay Area and specifically San Francisco because people will use this transaction to try to determine the value of other properties.”
Hotel consultant Rick Swig pointed out that since the San Francisco hotel market is not expected to grow again until 2011, this was perhaps a better time for Starwood to sell this property than it would be a year from now when operating income will likely have declined further.
“I think it’s a superb deal for both parties. It’s a very high risk time to buy a hotel, so it takes a lot of future vision,” Swig said. “(Keck Seng) paid probably less than 50 percent of the replacement cost, although on a cap rate which is more aggressive. They bought it on a seven cap in a nine or a 10 cap world,” Swig added, referring to the multiple of debt and risk used to value hotels.
Sunday, August 9, 2009
my stay at the W HOTEL SF
My recent stay at the W Hotel San Francisco. I got WOW! of their services, did you also know that they were offering a PUMA BIKES to be used by the hotel guest to go around the city for free most popular destination to go with this bike is the San Francisco Golden Gate Bridge its about 25 minutes away from the hotel with this bike. One of the things that caught my eyes was the HYBRID WHEELS, if you are driving a hybrid car they have a DISCOUNT for you and don't forget their nice XYZ restaurant, it also cross my mind what are the acura cars doing in the hotel and ask the lady on the desk and told me a complementary ride just around the city. This hotel is also near bloomingdale mall, 12 minutes walk to popular cable car with the cable cars, 15 minutes walk to union square, 20 minutes walk to AT&T ball park.
W San Francisco
181 3rd Street · San Francisco, California 94103 · United States · MapPhone: (415) 777-5300 ·
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