. >> reporter: this hilton hotel near union square is the larges in the city with almost 2000 rooms. according to the owners, it is not worth keeping, but hotel experts say this could be a negotiation tactic, and no matter what, the hotel is not closing. >> nobody usually does that. most of the time when you quietly miss your payments and you negotiate with your lender -- >> reporter: bob rauch is a lender consultant. he has more than 50 years of experience. he says he has never seen a hotel ownership group publicly announce they are defaulting on their loan. >> san francisco has created a problem for them, so this is why they are going public, i suspect. >> reporter: the ceo says the group is looking to remove unio square hilton and park 55 from its portfolio because the path to recovery remains clouded and elongated by challenges, including office vacancies caused by offices letting employees work from home, a weakened convention calendar through 2027, and concerns over street conditions. >> they are airing their dirty laundry, but doing it in a way that is perhaps designed to get

. >> reporter: this hilton hotel near union square is the largest in the city with 2,000 rooms. cording to the owners, it is not worth keeping. but hotel experts say it could be a negotiate tactic. and the hotel is not closing. >> nobody usually does that. most of the time when you miss your payments quietly, you then negotiate with the lend tear. >> reporter: this attorney has more than 50 years in experience in the business. he said that he never heard a hotel group announce publicly that they were defaulting on their loan. >> they're asking more than they are lender for help, so that is why they're going public, i suspect. >> reporter: they were looking to remove union square hilton because the path of recovery remains in place. >> they're airing their dirty laundry so to speak, bought they are doing to get attention to the problem. >> reporter: the hilton has just under 2,000 guest rooms and the largest in the hoe. and park 55 has just over a thousand, the second largest in the city. they want to help clean up the area and get the lenders to renegotiated the loan on the prope

another concern, the owners of two hilton hotels near union square have stopped making mortgage paymentsays that could be part of a long term corporate strategy. i suspect they know what they're doing and i suspect that one thing they want to do is refinance the hotel with the lender. another thing they may want to do is put pressure on the city of san francisco to clean up its act relative to homelessness and crime, even though business travel is returning to near normal levels, conventions and leisure travelers are not returning. that's leaving stores, restaurants and even main streets empty. create more of a 24 over seven kind of neighborhood where we have a mix of office and residential and cultural and arts uses where we can kind of create more energy on a regular basis versus just your five day, 9 to 5 kind of activity. national business experts say real estate costs could decrease as most big companies are requiring workers to be in the office. only about half of each week. all right, pam, time is 551, which means sal is here. i know you know everything that's happening in our com

shows office vacancy and available space in the city at 35% and growing this week, two key hilton hotels near unionalt a big blow. investment firm park hotels and resorts announcing it's no longer making mortgage payments , citing business and city challenges. this is a big wake up call for san francisco to realize that that they need tourism. bob rausch is a hospitality consultant. surprised by the move and says it may be part of a long term strategy. i suspect they know what they're doing and i suspect that one thing they want to do is refinance the hotel with the lender. another thing they may want to do is put pressure on the city of san francisco to clean up its act relative to homelessness and crime. otherwise, rausch says, more hotels could follow suit while business travel is back. 85% from 2019 conventions. and even leisure travelers are staying away. we only found the occasional shoppers just like doc martens boots on this block of market street, just as shoe shop remains open. it's pretty strange. no one's giving up on san francisco. we're not putting our heads in the sand about the prob

shows office vacancy and available space in the city at 35% and growing this week, two key hilton hotels near union square dealt a big blow. investment firm park hotels and resorts announcing it's no longer making mortgage payments , citing business and city challenges. this is a big wake up call for san francisco to realize that that they need tourism. bob rausch is a hospitality consultant. surprised by the move and says it may be part of a long term strategy. i suspect they know what they're doing and i suspect that one thing they want to do is refinance the hotel with the lender. another thing they may want to do is put pressure on the city of san francisco to clean up its act relative to homelessness and crime. otherwise rausch says, more hotels could follow suit. while business travel is back 85% from 2019 conventions. and even leisure travelers are staying away. we only found the occasional shoppers just like doc martens boots on this block of market street. just this shoe shop remains open. it's pretty strange. no one's giving up on san francisco. we're not on trying to figure out how to ad

shows office vacancy and available space in the city at 35% and growing this week, two key hilton hotels near union square dealt a big blow. investment firm park hotels and resorts announcing it's no longer making mortgage payments, citing business and city challenges. this is a big wake up call for san francisco to realize that that they need tourism. bob rausch is a hospital consultant, surprised by the move and says it may be part of a long term strategy. i suspect they know what they're doing and i suspect that one thing they want to do is refinance the hotel with the lender. another thing they may want to do is put pressure on the city of san francisco to clean up its act relative to homelessness and crime. otherwise, rausch says, more hotels could follow suit. while business travel is back 85% from 2019 conventions and even leisure travelers are staying away. we only found the occasional shoppers just like doc martens boots on this block of market street. just as shoe shop remains open. it's pretty strange. no one's giving up on san francisco. we're not putting our heads in the sand about the

i know the concern centers on the fact the owners of two hilton hotels near union square have stoppedt could be part of a long term corporate strategy. i suspect they know what they're doing and i suspect that one thing they want to do is refinance the hotel with the lender. another thing they may want to do is put pressure on the city of san francisco to clean up its act relative to homelessness and crime. even though businesses are in business, travel is returning to near normal levels. convention and leisure travel has not rebounded to the same degree. many store fronts and restaurants and some streets are empty. create more of a 24 over seven kind of neighborhood where we have a mix of office and residential and cultural and arts uses where we can kind of create more energy on a regular basis versus just your five day, 9 to 5 kind of activity. national business experts say real estate costs could decrease , as most companies, big companies at least, are requiring workers to be in the office. only about half of each week. and that could mean more room for people to live downtown, w

another concern centers on the fact the owners of two hilton hotels near union square have stopped makingat they're doing and i suspect that one thing they want to do is refinance the hotel with the lender. another thing they may want to do is put pressure on the city of san francisco to clean up its act relative to homeless and crime, even though business travel is returning to near normal levels, convention and leisure travel has not rebounded to the same degree. many storefronts and restaurants and some street s are empty. create more of a 24 over seven kind of neighborhood where we have a mix of office and residential and culture and arts uses where we can kind of create more energy on a regular basis versus just your five day, 9 to 5 kind of activity. national business experts say that real estate costs could decrease, as most big companies are requiring workers to be in the office. only about half of each week. would increase the demand for nightlife andion. all right. 846 now tiktok is going after more of our dollars and cents. have a look back with that and why tesla's stock is ra