Waldorf Astoria’s Chinese Owners Plan to Sell NYC Hotel After Extravagant Makeover
The Chinese owners of the famed Waldorf Astoria in New York City are preparing to put the hotel up for sale, only months after it reopened following a multibillion-dollar, much-delayed overhaul. The Waldorf Astoria’s renovation was completed last year about five years behind schedule and more than $1 billion over budget. A company controlled by … Read more