Hilton Acquires Parc 55 Wyndham San Francisco
February 20, 2015
Hilton Worldwide has announced the closing of the acquisition of Parc 55 Wyndham San Francisco – Union Square. The property will be renamed Parc 55 San Francisco, a Hilton Hotel.
The sale gives Hilton Worldwide control of almost 3,000 rooms near Union Square, according to Travel Weekly.
The hotel, built in 1984, has 1,024 rooms and more than 30,000 sf of meeting space. The property is about a block from the 1,911-room Hilton San Francisco Union Square, the city’s largest hotel. That hotel recently received $25 million worth of upgrades to 575 of its rooms in the second phase of a three-phase overhaul that began in 2012 and is scheduled for completion in 2016.