"Reports of the demise of the Phoenix Hotel, the iconic rock-and-roll motor lodge in the Tenderloin, have been greatly exaggerated. Despite announcing its imminent closure at the end of 2025, and throwing a blowout farewell New Year's party, the hotel appears to have risen from the ashes just like its mythical namesake. In fact, it didn't even have to burn first - the Phoenix never closed at all."
"News broke last summer that the hotel's lease was ending at the end of the year and, on Dec. 31, Chambers, the bar within the hotel, lamented its closure on Instagram. But on Jan. 1, the Phoenix's Instagram account put out a very different statement: "Rolling into 2026 like we always do. Good music, strong drinks, NO freaking regrets, and the kind of energy you can't fake." Mission Local has learned that Michel Suas, the French baker who purchased the property in 2024 for $9 million, unexpectedly stepped in to continue operating the decades-old hotel in recent weeks, according to the Phoenix's former managing partner Isabel Manchester."
"It appears that Suas, who owns the property, found a new hotel operator: City business filings from earlier this month show that an LLC named "Phoenix Hotel TL" took ownership of the address at 601 Eddy St. That LLC is associated with an address for Binoy Patel, a local hotelier and investor who once managed the nearby Civic Center Inn, once notorious for being one of the cheapest - and most chaotic - hotels in the Tenderloin. Manchester declined to offer details about why the team that created the Phoenix decades ago is leaving, or why it never closed, but suggested that lease negotiations between the team and Suas did not pan out."
The Phoenix Hotel announced a planned closure at the end of 2025 and held a farewell New Year's party, yet remained open into 2026. Chambers, the hotel's bar, posted on Instagram about closing on Dec. 31, while the Phoenix's account posted a New Year's message promising music, drinks, and continued energy. Owner Michel Suas, who purchased the property in 2024 for $9 million, unexpectedly stepped in to continue hotel operations. City business filings show an LLC named "Phoenix Hotel TL" took ownership of 601 Eddy St., linked to hotelier Binoy Patel. Former managing partner Isabel Manchester said the change occurred very quickly and lease negotiations likely failed.
Read at Mission Local
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