The Iconic American Brands Are No Longer American

Indulge in opulence at New York’s Waldorf-Astoria, a beacon of luxury and a piece of American history. Owned by China’s Anbang Insurance Group since 2014, its $1.95 billion acquisition by Hilton Worldwide showcases its unmatched value.

The sale to Anbang set records as the priciest hotel transaction, leading to significant renovations, including transforming rooms into condos. Anbang’s investment spree extends beyond the Waldorf, aiming to acquire more American gems like Starwood Resorts.