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Iconic San Francisco Hotel's $150 Million Debt Financing Signals New Industry Strategy

New Financing Throws Fairmont Hotel a Lifeline to Weather Drop in Business
The Fairmont San Francisco at 950 Mason St. has secured $150 million in debt financing to bolster its reserves in the pandemic. (CoStar)
The Fairmont San Francisco at 950 Mason St. has secured $150 million in debt financing to bolster its reserves in the pandemic. (CoStar)
CoStar News
December 5, 2020 | 12:15 AM

For insight into how U.S. hotels are navigating declines in occupancy and room rates as the pandemic shows no signs of slowing, consider the latest financial lifeline used by one San Francisco establishment.

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