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Hilton hotel in San Francisco defaults on its mortgage as 544-room facility where a nights stay cost $166 misses $97million loan payments in growing 'doom loop' for liberal city
Daily Mail ^ | 1/14/24 | Claudia Aoraha

Posted on 01/15/2024 12:33:47 AM PST by Libloather

click here to read article


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To: Libloather

Give a conservative a pile of bricks and he creates a city. Give a liberal a city and he creates a pile of bricks.


21 posted on 01/15/2024 3:08:24 AM PST by KevinB (Word for the day: "kakistocracy" - a society governed by its least suitable or competent citizens)
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To: Libloather

It’s a CRAPHOLE city!!


22 posted on 01/15/2024 3:09:00 AM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: Libloather

Reap what you sow, commieforina.


23 posted on 01/15/2024 3:12:32 AM PST by WKUHilltopper
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Comment #24 Removed by Moderator

To: Libloather

Cough it up Paris, your Poodles won’t go hungry.


25 posted on 01/15/2024 3:20:20 AM PST by DAC21
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To: Shady

“I loved spending time there in the late ‘80’s.”

Oh, me too! Some of my best memories are of visits to SFO in the ‘80s and ‘70s. The left is ruining everything!


26 posted on 01/15/2024 3:28:52 AM PST by MayflowerMadam ("A coward dies a thousand times before his death, but the valiant taste of death but once.")
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To: Ex-Con777

“House the illegals and get Uncle Sugar to pay for it.”

The problem with that concept is that Uncle Sugar’s bank account is refilled with our taxes. That means the entire country pays for any Californication f**kups.

A better version:

“House the illegals and get CA taxpayers to pay for it.”


27 posted on 01/15/2024 3:34:06 AM PST by ByteMercenary (Cho Bi Dung and KamalHo are not my leaders.)
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To: mikey_hates_everything

“No, it’s the “negative national narrative” against SF that is at fault, nothing to do with the crime, addicts and 💩 all over the place”

And tens of thousands with questionable lifestyles that like to throw themselves Parades to show off their junk from floats while throwing candy to children.


28 posted on 01/15/2024 3:36:59 AM PST by DAC21
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To: Fireone

Letitia


29 posted on 01/15/2024 3:39:49 AM PST by vivenne (⁹)
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To: Libloather
Hilton hotel in San Francisco defaults on its mortgage as 544-room facility where a night's stay cost $166 misses $97million loan payments in growing 'doom loop' for liberal city

The hotel had also dropped its room prices, from an average of $218-a-night compared to $230, as the number of people occupying the hotel rooms also fell.

Am I missing something here?

Regards,

30 posted on 01/15/2024 3:40:11 AM PST by alexander_busek (Extraordinary claims require extraordinary evidence.)
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To: Jonty30

Exactly. It’s all by design.


31 posted on 01/15/2024 3:42:42 AM PST by vivenne (⁹)
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To: Libloather

Democrats destroy everything they touch. Add San Francisco and California to the list.


32 posted on 01/15/2024 3:46:19 AM PST by Pajamajan (Pray for our nation. Never be slave in a new Socialist America.)
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To: Libloather
Gap Inc., Levi's, Lyft, OpenAI, SF Giants and Uber are involved in the effort

Guess no one wants to go to the Gap there any more.


33 posted on 01/15/2024 3:48:39 AM PST by Larry Lucido (Donate! Don't just post clickbait!)
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To: pepsionice

REITs are going to crash.the one I was offered a few years ago was the foolproof land under city pharmacies

....

Yeah No.


34 posted on 01/15/2024 3:50:03 AM PST by Chickensoup
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To: alexander_busek
Am I missing something here?

You have to ask for the crime and excrement discount to get the $166 rate.

35 posted on 01/15/2024 3:56:30 AM PST by noiseman (The only thing necessary for the triumph of evil is for good men to do nothing.)
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To: Libloather

Boycott backfire?


36 posted on 01/15/2024 3:57:10 AM PST by Recompennation (Don’t blame me my vote didn’t count)
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To: chrisser
Was that Hilton designed by a North Korean?

I stayed in that hotel years ago. Didn’t realize it was the same one in the article until I saw the picture. I was attending a huge wedding reception at the Empress of China restaurant, which was right across from the Hilton. The Empress of China was a famous restaurant that had been visited by many celebrities, including several presidents, over the decades. I understand it closed for good within the last several years, and now the hotel could close as well. That city really is coming apart at the seams.

37 posted on 01/15/2024 4:04:13 AM PST by noiseman (The only thing necessary for the triumph of evil is for good men to do nothing.)
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To: Libloather

They should implement more woke and DEI to solve their problems, be come a sanctuary hotel for illegals and homeless, offer free drug paraphernalia with drug inclusion centers and they’d be rolling in human feces but the place would be full.


38 posted on 01/15/2024 4:14:34 AM PST by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: Libloather

I wonder if the hotel owners over valued their he hotel, now that it is going bankrupt and rhr market in the dumpster.


39 posted on 01/15/2024 4:25:04 AM PST by midwest_hiker
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To: Libloather

Inbound tourism to the US, especially by Chinese, has not recovered to pre-Covid levels.

https://www.marketplace.org/2023/05/30/international-tourists-are-coming-back-to-the-u-s-slowly/

Cities were big destinations for tourists over the recent Memorial Day holiday weekend. But while domestic tourists are back in places like Las Vegas, the number of visitors coming from outside of the U.S. is not quite 80% of what it was in 2019, according to the International Trade Administration. So what’s holding these international travelers back?


40 posted on 01/15/2024 4:29:50 AM PST by FarCenter
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