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Retail & Hospitality
San Francisco owes its world class status in part to its vibrant Hospitality and Retail sectors. Combined with the city's cultural attractions, natural beauty, state-of-the-art convention facilities and strong business base, San Francisco's Hospitality and Retail sectors make San Francisco a top travel destination, playing a vital role in drawing visitors in record numbers. In 2007, San Francisco hosted 16 million visitors, contributing an estimated $8.2 billion to the local economy.
Hospitality Industry - Learn about incentives and business assistance resources presented at the May 18 Hotel Incentives Workshop!
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Thriving hotel sector representing the world’s best brands in luxury hotels, convention accommodations, boutique hotels and economic-oriented facilities
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Firmly established in three market segments: business, leisure and meetings/group travel
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Contains over 200 hotels with approx. 33,000 rooms -- 20,000 rooms of these rooms are within walking distance of Moscone Center and some of city’s most popular “must-see” attractions
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One of the top markets in terms of RevPAR growth (revenue per available room), according to Jones Lang Lasalle
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Ranks as one of three most sought-after US cities in which to purchase a hotel asset, according to Jones Lang Lasalle Hotels’ Hotel Investor Sentiment Survey
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Hotel guests contributed more than $5 billion to San Francisco’s economy, according to the San Francisco Convention and Visitors Bureau
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Expected to generate $210 million in Hotel Tax revenue, funding critical services such as schools, police, the arts and affordable housing
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Employs over 18,000 workers
Retail Industry - SF Welcomes New Retailers to Union Square!
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One of the world’s top retail areas featuring one-of-a-kind specialty shops, fashion forward international retailers, luxury brands and headquarters of major retailers like Gap, Levi, and Williams-Sonoma
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Ranks as one of the top markets in retail development potential, according to the Urban Land Institute and PriceWaterhouseCoopers’ Emerging Trends in Real Estate 2008 Report
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Located in heavily trafficked commercial areas accessible via a comprehensive network of transit options
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Home to Westfield Centre, the largest urban shopping center west of the Mississippi River, the largest Bloomingdale’s outside of New York, and the second largest Nordstrom
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Third largest market for women’s apparel in the nation, according to Cushman and Wakefield
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In the last ten years, grew at a considerable rate with sales and tax revenue increasing annually while other cities experienced flat or negative year-over-year growth
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Employs over 44,300 workers
For information and assistance, contact, Alex Lonné, Retail and Hospitality Director, alex.lonne@sfgov.org, 415-554-6648.
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