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Shell Vacations Acquires San Francisco's 
Donatello Hotel
As third San Francisco property, it is expected to become 
company�s flagship resort
 
San Francisco, CA -- March 18, 1999 -- The Managing Partners of Shell Vacations LLC have recently announced the acquisition of the prestigious Donatello Hotel, located in the heart of downtown San Francisco. This is the twelfth resort for the Chicago-based Shell Vacations and its third urban ownership property in San Franciso. 
 
Structured under the corporate name The Donatello Hotel Group LLC,  Shell�s Managing Partners Sheldon H. Ginsburg, Ed McMullen, Sr. and Perry Snyderman have acquired the hotel�s 98-seat restaurant, its 120-vehicle parking garage and the 94 remaining unsold units. Shell Vacations will be responsible for the sales and marketing of these units, which will be dedicated to the timeshare product and sold through the firm�s vacation club. Sales are expected to begin in October.
 
The spacious units are among the largest in San Francisco, featuring 10�-high  ceilings and oversized windows which combine to create an expansive and airy feeling. Built in 1969 and opened in 1970 as the Barrett Motor Lodge, the hotel was converted to condominiums and changed into a timeshare project known as �Club Donatello� in 1984.
 
Forty-four of the 45 units on the top three floors of the 15-story building have been sold as weekly timeshare intervals. Fifty-one weeks were sold in each condominium with the remaining week reserved for maintenance. Since these sales, the interests of the 2,200 timeshare owners have been represented by the Club Donatello Owners Association. 
 
The acquisition of the highly respected Donatello gives Shell Vacations LLC a flagship property in the northern California area, along with sister properties The Suites at Fisherman�s Wharf, The Inn at the Opera and other sites currently under consideration in the wine country.

According to Managing Partner Sheldon H. Ginsburg, who was instrumental in completing negotiations for The Donatello, �We expect The Donatello to be a significant addition to our new vacation club due to its its concierge-type customer service as well as its prime location in the center of the elegant and timeless San Francisco. The Donatello is just one block from the shops of Union Square and in close proximity to theater, dining, sights and attractions�. 
 
The Terrace (meeting) Room accommodates up to 75 and can be utilized for a variety of group meetings. The adjacent terrace is also ideal for group gatherings. A Fitness Center, complete with large Jacuzzi and private men�s and women�s saunas, is available to current timeshare owners and hotel guests without charge. The on site Zingari Italian restaurant provides convenience for Donatello owners. 
 
Shell Vacations� other nine resorts are located in Hawaii, Arizona and Canada.

###
 
Contact:
Sheldon Ginsburg 
at 847/564-4600 Ext. 130
 --
 
Also See: Shell Vacations LLC Appoints Rob Harris Club Sales Director at Shell Vacations Club / Feb 1999 

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