Hilton Worldwide will sell the Waldorf to the Beijing-based Anbang Insurance Group for US$1.95 billion. Photo: AFP

Chinese firm buys New York's famed Waldorf Astoria hotel for US$1.95b

Insurance company buys New York's landmark hotel for US$1.95 billion

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Hilton Worldwide will sell the Waldorf to the Beijing-based Anbang Insurance Group for US$1.95 billion. Photo: AFP
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