Big changes for NY’s iconic Waldorf Astoria hotel?

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    NEW YORK – The future for the iconic Waldorf Astoria luxury hotel on Park Avenue could involve expanded shopping space, timeshare residences and substantially fewer guest rooms. That’s according to remarks made Friday by Chris Nassetta, the CEO of Hilton Worldwide, which owns the legendary hotel located at 301 Park Ave. between 49th and 50th Streets. While speaking to Wall Street analysts during Hilton’s Q2 earnings calls, he discussed the plan for reinventing the Waldorf Astoria as a more profitable... Read More » The post Big changes for NY’s iconic Waldorf Astoria hotel? appeared first on Travel Update.

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