DENVER– Sage Hospitality Group revealed the current addition of YOTEL San Francisco to its portfolio of more than 110 hotels, dining establishments, and home entertainment places in 16 states and the District of Columbia. The residential or commercial property ends up being the 19th in the Sage Independent Hotel Collection and brings the overall variety of hotels Sage runs in San Francisco to 4.
“We're enjoyed continue the development of both our portfolio of independent way of life hotels and our existence in San Francisco, which is an essential development market for Sage,” stated Daniel del Olmo, president of hotels and dining establishments for Sage Hospitality Group. “As we advance on our journey to end up being America's preferred way of life hospitality business, YOTEL's ingenious technique to hospitality and innovation lines up completely with our locations of competence and focus.”
Opened in February 2019, the 203-room YOTEL San Francisco was the brand name's very first adaptive re-use workplace conversion job and its very first residential or commercial property on the West Coast. Built in 1905, the Grant Building– now house to YOTEL San Francisco– is among 3 that endured both the 1906 and 1989 earthquakes in San Francisco. YOTEL integrates tech-forward features such as self-check-in kiosks while likewise preserving the structure's history, including numerous initial functions into the hotel style, from exposed brick walls to arched windows and its initial marble staircase. While remaining on residential or commercial property, visitors can utilize KOMYUNITI, a public location that consists of co-working and casual conference areas.
The addition of YOTEL San Francisco to the Sage portfolio marks the start of a brand-new working relationship in between Sage and Monarch Alternative Capital. King took ownership of YOTEL in late 2022 following a loan purchase in the property, contributing to the company's hospitality portfolio.
