The Palace Hotel is a landmark historic hotel in San Francisco, California, located at the southwest corner of Market and New Montgomery streets. The hotel is also referred to as the New Palace Hotel to distinguish it from the original 1875 Palace Hotel, which had been demolished after being gutted by the fire caused by the 1906 San Francisco earthquake. A temporary hotel, called the "Baby" Palace Hotel, was erected at a nearby site as accommodations until an adequate replacement could be built.
The present structure opened on December 19, 1909, on the same site as its predecessor. The hotel was closed from January 1989 to April 1991 to undergo a two-year renovation and seismic retrofit.