Hospitality workers see troubling trend as major San Francisco hotel investor skips loan payments

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Hospitality workers see troubling trend as major San Francisco hotel investor skips loan payments
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Many San Francisco hospitality workers say a decision to pull back operations in the city is part of a troubling trend.

on a $725 million loan as part of its plan to reduce its presence in the city. These two hotels alone offer nearly 3,000 rooms.

"It makes sense from a business perspective," added Olson."You can't blame these companies for saying, 'Hey, this doesn't make any sense, we're paying more for security.' And you know, I get it, they don't wanna deal with this, but it's also like, hey, you didn't even wanna stay and fight it at all."

Efforts to revitalize downtown San Francisco and address its complex issues remain a priority for city officials and organizations like the Bay Area Council.

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