Hilton to Sell Waldorf=Astoria Hotel Property in New York to Chinese Company

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    Hilton Worldwide Holdings Incorporated is selling the historic Waldorf=Astoria hotel property in New York to Anbang Insurance Group Company of China for $1.95 billion — or approximately $1.4 million per room... ...but before you rush to redeem your Hilton HHonors frequent guest loyalty program points to stay at the iconic flagship hotel of Hilton Worldwide... The post Hilton to Sell Waldorf=Astoria Hotel Property in New York to Chinese Company appeared first on The Gate.

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