Thursday, 12 February 2015

Hilton completes $2bn sale of Waldorf Astoria

Hilton Worldwide today announced it closed its previously-announced sale of the Waldorf Astoria New York to Anbang Insurance Group for $1.95 billion. In addition, Hilton Worldwide has signed agreements to redeploy the proceeds of the sale to add five landmark properties in strategic resort and urban locations to its owned portfolio.



via Breaking Travel News | News http://ift.tt/1CksxjL

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