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With Leisure and Conventions, Hotel Demand is Baked In

Because land prices are harder to justify for some property types, a hotel boom is underway in the form of openings and renovations taking place in this year, GlobeSt.com learns in this EXCLUSIVE.

By Lisa Brown | lisabrown | Updated on September 21, 2017

Laurel Inn The Laurel Inn hotel redesign is the brainchild of former Airbnb exec Chip Conley.

SAN FRANCISCO—Because land prices are harder to justify for certain property types, hotels are springing to life and rebirth. There is a hotel boom underway in San Francisco with a number of openings and renovations taking place in this year alone.

The Proper San Francisco hotel opened this month with a new Kelly Wearstler brand hotel opening in Mid-Market with three restaurants and rooftop bar. The Virgin Hotel and Yotel Hotel are also opening in 2017 and the Standard Hotel just announced a San Francisco property coming in 2018 or 2019.

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