Downtown San Jose Signia by Hilton: Transformative Sale Sparks Upgrades and Student Housing Boost

Downtown San Jose Signia by Hilton: In a significant real estate move, a downtown San Jose landmark, the Signia by Hilton hotel, is undergoing a transformative shift with the sale of one of its towers for San Jose State University student housing. The $73.1 million deal, executed by Throckmorton Partners, involves the southern tower of the hotel, which will be leased by SJSU. The sale, comprising an all-cash transaction, has prompted plans for substantial upgrades and new amenities in the remaining 541-room hotel.

Previously known as the Fairmont, the Signia by Hilton has seen a positive shift in occupancy levels since its reduction from 805 rooms to the current 541 rooms. Owned by a group led by business executive Sam Hirbod, the hotel aims to maintain its position as the largest and most upscale business and group hotel in Silicon Valley.

The sale of the tower not only sets the stage for vibrant SJSU student housing but also positions the Signia by Hilton for enhancements. Sam Hirbod envisions the addition of a Business Club Lounge, a new restaurant, and eventually a health spa, with the restaurant and lounge slated for the immediate plan, expected to be operational by 2024.

Downtown San Jose Signia by Hilton

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This strategic move aligns with the hotel’s commitment to providing top-notch services and meeting spaces. As the largest hotel in Silicon Valley, even with the reduced room count, the Signia by Hilton aims to play a vital role in the local hotel sector. The sale of the tower, coupled with the upcoming amenities, is anticipated to bring positive economic impacts to downtown San Jose and elevate the hotel’s standing in the region.

Despite the challenges faced by the hotel industry due to the pandemic, this move positions the Signia by Hilton for a promising future, contributing to the revitalization of downtown San Jose. The ongoing changes reflect a resilient approach to adapting to market dynamics, ensuring the hotel remains a prominent player in the Silicon Valley hospitality landscape.

Our Reader’s Queries

How many rooms does Signia Hilton San Jose have?

The Signia by Hilton San Jose is a towering hotel with 805 rooms situated at 170 South Market Street in San Jose, California. It’s located on the Plaza de César Chávez in Downtown San Jose and opened its doors on April 7, 2022.

What hotel took over the Fairmont in San Jose?

The Signia by Hilton San Jose, previously known as the Fairmont San Jose, is a luxurious hotel that offers top-notch amenities and services. With its prime location in San Jose, guests can easily access the city’s attractions and business centers. The hotel boasts spacious and elegantly designed rooms, state-of-the-art fitness facilities, and a variety of dining options. Whether you’re traveling for business or leisure, the Signia by Hilton San Jose is the perfect choice for a comfortable and memorable stay.

Who owns Signia hotel?

Kite will be responsible for developing the Signia hotel and its meeting room space, while the city will own the building and Hilton will operate it.

Did the Fairmont San Jose close?

The Fairmont San Jose, a renowned hotel for VIPs and dignitaries, was forced to shut down permanently due to the pandemic. There were doubts about its future, but the Signia has stepped in and is now accepting reservations for Monday night and beyond. Their website is open for bookings, so don’t miss out on the chance to experience this luxurious hotel.

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