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Larkspur Hospitality Purchases the
 Cartwright Hotel in San Francisco



October 19, 2006 - Larkspur Hospitality, one of the nation's fastest growing independent hotel companies, announced today that it has acquired The Cartwright Hotel in San Francisco, California. The hotel, which will also be operated by Larkspur, is the company's first leisure-based property in the popular tourist destination of downtown San Francisco.

"The Cartwright is the quintessential San Francisco hotel, and is the ideal home base for leisure travelers wanting to experience everything the city has to offer," said Karl Hoagland, Chairman and CEO, Larkspur Hospitality. "With the acquisition of The Cartwright, we are excited to bring Larkspur's signature genuine hospitality to San Francisco -- as The Cartwright experience will include warm and friendly service, cozy accommodations and great guest amenities. Cartwright Hotel guests are greeted each day with a wonderful complimentary Healthy Start Breakfast and can finish a long day touring the City while relaxing at our wine reception featuring local artisan producers," continued Hoagland. "As is our philosophy when adding new hotels to our family, we are planning on undertaking a renovation shortly and will be ready with the new and improved Cartwright Hotel for the 2007 travel season."

Located in the heart of downtown San Francisco, The Cartwright Hotel features 114 guest rooms and offers an ideal location, just a few blocks from Union Square and the Powell Street cable car line. The hotel is also minutes away from popular San Francisco destinations such as Fisherman's Wharf, Chinatown, the Embarcadero and the new Westfield San Francisco Centre. The hotel recently underwent a $2.5 million renovation to refurbish its guest rooms and public spaces. Each guest room is designed to show off individual and distinctive antiques along with original black and white photos of the early 1900's in San Francisco. Other hotel amenities include complimentary wireless High-Speed Internet access in all guest rooms, a complimentary Healthy Start Breakfast each morning, a wine reception each evening and the hotel is pet friendly.

The hotel offers two meeting rooms for smaller conferences and receptions. The J.A. Adams Board Room offers 336 square feet of meeting space and can accommodate groups of up to 25 in a theater-style setting. The larger, Yerba Buena Room features 714 square feet of meeting space and can host groups of up to 50 people. Both rooms provide wireless High-Speed Internet access and a full selection of audio-visual components.

About Larkspur Hospitality

Established in 1996, Larkspur Hospitality is a rapidly growing hotel company based in Corte Madera, California. Larkspur owns and operates 17 hotels, including two distinct brands (Larkspur Landing and its collection of three and four star independent hotels known as The Larkspur Collection) in areas of Northern California and the Pacific Northwest. The company acquired the four-star RiverPlace Hotel in Portland, Oregon, in July 2003, the Toll House Hotel in Los Gatos, California in December 2003, The Lodge at Tiburon in Tiburon, California in May 2004, The Sainte Claire in San Jose, California in June 2005 and Casa Munras in Monterey, CA in November 2005. In 2005, Larkspur converted five existing hotels to its flagship Larkspur Landing brand, bringing the total number of Larkspur Landings to 11. The company also manages The PruneYard Plaza Hotel in Campbell, California. For additional information on Larkspur Hospitality and its affiliates, visit http://www.larkspurhotels.com/.

Jeff Rubenstein
Larkspur Hospitality,
+1-415-945-5037
jrubenstein@larkspurhotels.com
http://www.larkspurhotels.com/


Also see:
Magna Hospitality Group, L.C. Completes $2.5 million Refurbishment of the historic Cartwright Hotel, San Francisco / October 2004

 
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