Blackstone Sees San Francisco Hotel’s Valuation Plummet, Reflecting Post-Pandemic Challenges in Business Travel

In a stark reminder of the ongoing challenges facing the hospitality industry in the wake of the pandemic, a prominent San Francisco hotel has experienced a significant decrease in value. The Club Quarters Hotel, the 346-room property located at 424 Clay St. in the city’s Financial District, has seen its valuation drop by 25 percent, […]