@
@shellenberger
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R to @shellenberger: “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… a path to recovery remains clouded and elongated by major challenges, old and new”
Owner to give up two of S.F.’s largest hotels as city’s ‘path to recovery remains clouded’
The two hotels account for roughly 9% of the city’s hotel rooms.
www.sfchronicle.com