• 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.

 

Read more

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.

 

Read more

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. 

 

Read more

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.

 

Read more

Share →