• Issue 1077

Hilton sells in NY


Hilton has agreed a USD1.95bn deal to sell the Waldorf Astoria in Manhattan. The buyer is China’s Anbang Insurance Company, which has committed to refurbish the hotel, reports Bloomberg.


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Host adds Berlin


Host Hotels has announced a trio of deals. Purchases in Berlin and Miami combine with a sale of the Tampa Marriott Waterside, which has returned USD199m to the company.


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Louvre on the block


Starwood is looking for EUR1.2-1.5bn from the sale of Louvre Hotels. The investor has hired Goldman Sachs and Deutsche Bank to sell the business, reports Les Echos. 


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Curacao for Choice


Choice Hotels has signed a resort on the Caribbean island of Curacao to its Ascend Collection. Acoya Hotel Suites & Villas is located on a 10 acre site close to the island’s Mambo Beach.


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