Thayer Lodging Group has agreed to buy the 336-room Ritz-Carlton San Francisco from Host Hotels & Resorts for about $161 million, according to Bloomberg Businessweek. Thayer Group says it plans to invest up to $17 million in renovations on the property within the next two years. The sale took place amid a rapid rise in average daily rates in the San Francisco market, with nightly room rates up 7.5% this year through April.
CCR Events

Virtual Women In Construction 2023
1st Quarter2023
Virtual Women in Construction will be held via Zoom in Q1 Qtr 2023.

Virtual WR Table 2023 Date & 2022 Wrap-Up
2nd Qtr2023
The 2023 Virtual Women’s Roundtable #1, 2023 will be held Q2, 2023, Date TBD.

2023 Virtual Men’s Round Table & Previous Wrap-Ups
1st Qtr2023
The 2023 Virtual Men’s Round Table will be held in Q1 2023 via Zoom, date TBD.

2023 Hybrid Summit Date & 2022 HiLites
Jan 26th2023
The 13th Annual Hybrid Summit will be held on January 26th, 2023.