Ziya called the news "incredibly upsetting" and it's understood upward of 70 letters of support of the venue have been sent to the Comedy Guild.
It's also understood many of New Zealand's major comedy names have expressed their upset over the issue in the private Facebook group, including Alice Brine, Ben Hurley, Michelle A'court, Eli Matthewson, Jeremy Elwood, Urzila Carlson and more.
In a post on the New Zealand Comedy Guild's Facebook page, Siya wrote that the venue had been offered two shows, but they weren't enough to make it financially viable.
"I was told that San Fran hadn't been many applicants' first venue choice, though I now understand a number of applications had it as their second," he wrote.
"After hosting around 400 NZICF shows since 2005 and winning a comedy festival award, we are sadly no longer a part of this great festival that we have enjoyed being involved with for so long."
He also said that the venue had attempted to create a new programme of shows in an attempt to remain in the festival but the festival "declined this solution, and maintain their position to not programme any shows at San Fran during the festival".