Parc 55 San Francisco

San Francisco's Hilton Union Square and Parc 55 Have a Sleigh-Full of Holiday Offerings, Special Bevvies & Bargains

Retrieved on: 
Vendredi, décembre 8, 2023
Glass, Square, SAN, LEAP, City, Great Tree, Chartreuse (liqueur), Collection, Macy's Great Tree, Wine, Food, New Year's Eve, Heart, Hilton Hotels & Resorts, Cable, PARC, Countdown, Christmas, Golden Gate Bridge, New Year's, 3D, Restaurant, Nightclub, Hotel, Fair, Liquor, Parc 55 San Francisco, Cityscape

SAN FRANCISCO, Dec. 8, 2023 /PRNewswire-PRWeb/ -- This holiday season, the Hilton San Francisco Union Square and its sister property, Parc 55 San Francisco, a Hilton Hotel are set to dazzle guests and locals alike with a variety of festive offerings.

Key Points: 
  • SAN FRANCISCO, Dec. 8, 2023 /PRNewswire-PRWeb/ -- This holiday season, the Hilton San Francisco Union Square and its sister property, Parc 55 San Francisco, a Hilton Hotel are set to dazzle guests and locals alike with a variety of festive offerings.
  • We have Santa, signature cocktails, selfie backdrops, Union Square ice skating packages and the best views in town for ringing in 2024."
  • "These holiday specials at Hilton San Francisco Union Square and Parc 55 are the perfect complement to the vibrant holiday events happening in Union Square," said Marisa Rodriguez, CEO of the Union Square Alliance.
  • Both the Hilton and Parc 55 are at the very heart of San Francisco's world-class Union Square with its internationally recognized retails brands, restaurants and Broadway style theatre.

Park Hotels & Resorts Inc. Announces Lawsuit Related to $725 Million Non-Recourse CMBS Loan Secured By Two of its San Francisco Hotels

Retrieved on: 
Jeudi, octobre 26, 2023
Sale, PK, CMBS, NYSE, Flamingo Resort, Inc. v. United States, Parc 55 San Francisco, Loan, Hilton San Francisco Union Square, Hilton

TYSONS, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the trustee under the $725 million non-recourse CMBS loan (“Loan”), by and through its special servicer, filed a lawsuit against the borrower entities related to the cessation of payments on the Loan.

Key Points: 
  • TYSONS, Va., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Park Hotels & Resorts Inc. (NYSE: PK) (“Park” or the “Company”) announced today that the trustee under the $725 million non-recourse CMBS loan (“Loan”), by and through its special servicer, filed a lawsuit against the borrower entities related to the cessation of payments on the Loan.
  • In connection with the lawsuit, the trustee requested the appointment of a receiver to take control of the hotels securing the Loan – the 1,921-room Hilton San Francisco Union Square and the 1,024-room Parc 55 San Francisco.
  • Once appointed by the court, the receiver will have complete and exclusive control and possession of the hotels and will maintain Hilton and its workforce to manage the ongoing operations at the hotels.
  • The receivership will place control of the hotels as well as the benefits and burdens of their operations with the trustee and the court-appointed receiver.

Passthrough and Altvia Launch First CRM-Integrated Investor Onboarding Solution, OnboardingBridge

Retrieved on: 
Mercredi, septembre 6, 2023
Technology, Other Professional Services, Legal, Finance, Banking, Professional Services, Other Technology, Public Relations, Investor Relations, Software, Data Analytics, Communications, Internet, Fintech, Data Management, Data room, Private equity, Partnership, Parc 55 San Francisco, Data analysis, LP record, PARC, CRM, GP, Cryptocurrency, Sales, Passthrough

Today, Altvia and Passthrough announced the launch of OnboardingBridge, the first solution to fully integrate a CRM with an investor onboarding solution, so that General Partners can provide a best-in-class investor experience.

Key Points: 
  • Today, Altvia and Passthrough announced the launch of OnboardingBridge, the first solution to fully integrate a CRM with an investor onboarding solution, so that General Partners can provide a best-in-class investor experience.
  • Altvia’s OnboardingBridge powered by Passthrough , is the first solution to fully integrate a CRM with an investor onboarding solution.
  • By partnering with Altvia earlier this year, we leapt closer to that goal," explains Tim Flannery, Co-founder & CEO of Passthrough.
  • With OnboardingBridge, Passthrough and Altvia users will be able to efficiently utilize, import, and export accurate, pre-populated investor sub doc data for immediate use in Altvia’s AIM CRM.

CHLA Hospitality Foundation Awards $164,000 in College Scholarships

Retrieved on: 
Lundi, juillet 10, 2023
California State University, Long Beach, Monterey Peninsula College, University, Tourism, City College of San Francisco, City college, California State University, San Francisco State University, Foot, InterContinental, Hilton Hotels & Resorts, Parc 55 San Francisco, California State University, Sacramento, Student, PARC, University of San Francisco, California Hotel, Sacramento, California, BC Children's Hospital Foundation, California State University, East Bay, San Diego State University, Nursing

SACRAMENTO, Calif., July 10, 2023 /PRNewswire/ -- The California Hotel & Lodging Association Hospitality Foundation announced today it has awarded $164,000 in scholarships to 53 students to pursue hospitality, tourism, and culinary arts degrees at 12 California colleges.

Key Points: 
  • SACRAMENTO, Calif., July 10, 2023 /PRNewswire/ -- The California Hotel & Lodging Association Hospitality Foundation announced today it has awarded $164,000 in scholarships to 53 students to pursue hospitality, tourism, and culinary arts degrees at 12 California colleges.
  • Winners of the coveted scholarships will be celebrated at the Hospitality Foundation's annual gala on Nov. 2, 2023 at the Parc 55 San Francisco, a Hilton Hotel.
  • This year's award recipients include students from San Diego State University, University of San Francisco, San Jose State, Cal Poly Pomona, California State University, Monterey Bay, City College of San Francisco, San Francisco State University, California State University Long Beach, and California State University East Bay, Monterey Peninsula College and Sacramento State University.
  • CHLAHF's scholarship committee, comprised of hospitality professionals, reviewed each application, selecting the honorees based on their grade point average, declaration to pursue a hospitality degree and dedicated hospitality work experience.

Park Hotels & Resorts Inc. Announces Cessation of Payment on $725 Million Non-Recourse CMBS Loan Secured By Two of Its San Francisco Hotels

Retrieved on: 
Lundi, juin 5, 2023
Hilton San Francisco Union Square, PK, RevPAR, Parc 55 San Francisco, Comparable, Flamingo Resort, Inc. v. United States, CMBS, City, ROI, NYSE, Bank

“This past week we made the very difficult, but necessary decision to stop debt service payments on our San Francisco CMBS loan,” commented Thomas J. Baltimore, Jr., Chairman and Chief Executive Officer of Park.

Key Points: 
  • “This past week we made the very difficult, but necessary decision to stop debt service payments on our San Francisco CMBS loan,” commented Thomas J. Baltimore, Jr., Chairman and Chief Executive Officer of Park.
  • “After much thought and consideration, we believe it is in the best interest for Park’s stockholders to materially reduce our current exposure to the San Francisco market.
  • That guidance does not take into account financial impacts, if any, from the cessation of payment toward the San Francisco CMBS Loan as any such impacts are uncertain at this time.
  • The Company expects to update full-year 2023 guidance as necessary once those impacts and the path forward are certain.