The American Companies That Aren’t Actually American Anymore

Waldorf Astoria Hotel

The Waldorf Astoria Hotel was first opened in 1931 and is located in New York City. Everything about this hotel is luxurious, and you have to spend a good amount of money to stay here for a couple of nights. The hotel was originally managed by Hilton Worldwide but was sold to a Chinese-owned company by the name of Anbang Insurance Group of China for $1.95 billion.

It is quite surprising that this prestigious hotel is now owned by a Chinese corporation but much hasn’t changed if you are trying to stay a night as prices are just as expensive.


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