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$21M Renovation in Store for the Fairmont in Nob Hill

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One of the most iconic hotels in the country, the Fairmont San Francisco, is about to get the ball rolling on series of improvements that should cement its reputation for stellar hospitality and elegance. Woodridge Capital Partners LLC and Oaktree Capital Management LP, the groups that purchased the property for $200 million back in 2012, are now spending $21M to improve the grand old hotel. Their plan consists of transforming the Fairmont's 591 guest rooms and suites to meet today's luxury hotel guests' sky-high expectations. The new rooms are being refreshed by the interior designers at Forrest Perkins, whose portfolio includes Fairmont properties in Boston, Vancouver and Bermuda. The renovated guest rooms will feature gold and sapphire accents, as well as handblown floor lamps and pieces by local artists. The upgrades should help draw tourists and business travelers, who now have more and more options down in SoMa, back up to Nob Hill.
· San Francisco's historic Fairmont Hotel gets $21 million facelift [SF Biz Journal]
· Fairmont San Francisco Sells For $200 Million [Huff Post]