The power of a marquee restaurant

Per room sales price, Renaissance Parc 55, the fourth-largest hotel in the city, paid by Rockpoint Group and Highgate Holdings, fall 2006: $170,000
Same brokerage firm. Same neighborhood.
Management matters. Branding matters. Food matters.
Free link: S.F.'s Parc 55, Oakland Marriott sold: Larry Chan makes trio of hotel deals fetching $250 million (Oct. 27)
Labels: hotels, real estate, restaurants, scoop
0 Comments:
Post a Comment
<< Home