See More Hear More Watch More Hear More Get on iTunes
WSJ Daily Minute WSJMinute

Waldorf Astoria Sold for $1.95 Billion

Hilton Worldwide Holdings Inc. has sold the Waldorf Astoria to China's Anbang Insurance Group Co. At $1.95 billion, this makes it the most expensive hotel to ever be sold. Hilton will continue to operate the Waldorf under a 100-year management contract


More from