SAN FRANCISCO-Hotel Canterbury, a 224-room boutique hotel nearUnion Square that was shuttered in 2005, will reopen next year as a115-room timeshare property. Wyndham Worldwide vacation ownershipsubsidiary is renovating the asset and plans to reopen it nextfall.
Wyndham says it acquired the 70-year-old property and theadjacent Whitehall Inn from affiliates of The KOR Group in 2006.The purchase price was approximately $35 million, according topublished reports.
Upon completion of the renovation, the property will offer acombination of one- and two-bedroom units as well as 20 luxuriouspresidential suites of one to three bedrooms. Hotel amenities willinclude a fitness center, business office and on-siterestaurant.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
