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Event Brief

Hilton Union Square and Parc55 Sold for $408M

SF's largest hotel and Parc55 sold for $408M, down from $1.5B in 2016, impacting local economy and tourism.
WHO: Hilton Worldwide, Parc55
WHAT: Sale of Hilton Union Square and Parc55 hotels
WHEN: Nov 24, 2025 at 7:00 PM ET
WHERE: San Francisco, CA
WHY: Significant decrease in property value affecting local economy
Sources (1): SFist

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