Current investments

Sheraton Fisherman's Wharf****, San Francisco USA

Investment advantages

  • ACRON invested in the unique opportunity of a well-positioned 4-star hotel in world-famous San Francisco’s number one visitor destination.
  • The 531-room Sheraton Hotel, located in the heart of the renowned Fisherman’s Wharf.
  • The hotel benefits from strong demand fundamentals as a result of increasing domestic and international leisure travel, strong convention center demand, continued acceleration of the Bay Area’s technology sector, and a limited new hotel supply.

Hotel in Detail

Success factors

  • Almost 12 million visitors annually enjoy the area known for its tourist attractions, seafood restaurants, shops, museums, entertainment, and the most incredible views of Alcatraz and the Golden Gate Bridge.
  • San Francisco International Airport (SFO) is 16 miles away.
  • Oakland International Airport (OAK) is 20 miles away.
  • Host to many San Francisco events, including the July 4th fireworks display.
  • Hotels at Fisherman’s Wharf have the highest occupancy rates in the city.

Investment at a glance

Property

4-star-hotel

Investment type

Purchase

Keys

531

Floors

4

Parking

250

Construction

1975

Renovation

2008, 2017

Lender

AEW

Management

Pyramid Hotel Group