Acquisitions
Report: Anbang Steps Up Attempt to Sell Luxury Hotels Portfolio
INTERNATIONAL REPORT—Anbang Insurance Group Co. has hired Bank of America Corp. to help sell a portfolio of U.S. luxury hotels…
Anbang
Ownership
China Seizes Control of Anbang, Owner of New York’s Waldorf Astoria
BEIJING—The Chinese government has taken control of Anbang Insurance Group Co. Ltd., which owns major assets in the U.S., including…
Acquisitions
Report: Blackstone May Buy Back Waldorf Astoria, Other Assets
NEW YORK—Four years after it sold the Waldorf Astoria hotel, the Blackstone Group LP may be interested in re-acquiring the…
Editor's Notes
China’s Hotel Binge: Dealmakers and Travelers Are Coming
This year, the hotel industry has had its sights set on China and, more specifically, its purchasing power. We all…
Waldorf Astoria’s Union Workers Agree to Severance
NEW YORK—An agreement has been reached for workers at New York’s Waldorf Astoria hotel to receive severance payouts averaging more…