The luxury hotel Waldorf Astoria was sold for $1.95 billion. The New York City icon was bought by the Chinese insurance company Anbang Insurance Group. At this price, the Waldorf Astoria New York becomes the most expensive hotel in history with $1.38 million per room. Hilton will continue to manage the unit for the next 100 years as part of the agreement. Waldorf Astoria is one of New York’s … [Read more...]