Iconic Waldorf Astoria Falls To Foreign Ownership
Category: Hotels, Posted:19 Oct 2014 | 06:00 am
One of the hospitality world's most iconic properties the Walforf Astoria has transacted to an Asian buyer.
The hotel has transacted at a reported US$1.95 billon to China based Anbang Insurance.
Hilton Worldwide was the seller and apparently the offer was too good to refuse.
Aside from being a legendary hotel the property bears the namesake of Hilton's luxury tip tier brand.
Phuket Hotels Association Online Travel Auction Now OpenCategory: Hotels, Posted:14 May 2023 | 09:56 am The annual non-profit Phuket Hotels Association Absolutely Fabulous Online Travel Sale is now up and running. CLICK With nearly 200 hotel travel and dining deals across Thailand, Asia the globe, all proceeds go to the education scholarship fund of PHA. Over 45 Thai hospitality students are now supported by the fund and these are the […]