Waldorf Astoria's Chinese owners plan to sell iconic NYC hotel, WSJ reports [Yahoo! Finance Canada]
Hilton Worldwide Holdings Inc. (HLT)
Last hilton worldwide holdings inc. earnings: 2/11 06:00 am
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Source: Yahoo! Finance Canada
The Park Avenue landmark, reopened in November after an 8-year renovation ?from a 1,400-room hotel to 375 hotel guest rooms and 372 residences. The transformation was five years behind schedule and more than $1 billion over the initial budget. The hotel was the setting for the film "Weekend at the Waldorf", starring Ginger Rogers, and ?its $1,000-a-week Suite 2728 was ?home to Marilyn Monroe in 1955 after she left Hollywood. Waldorf's adjoining restaurants, shops and other amenities would be included in a ?sale, but the condos would continue to be sold separately, the report added, citing people with knowledge of the plans. Hilton Worldwide, which has a 100-year management contract for ?the ?hotel, sold the property in 2014 to ?Anbang Insurance Group, a reinsurance firm ?based in China, for $1.95 billion, making it one of the most expensive hotel sales ever. The group spent an additional $2 billion on construction, bringing the total to more than $4 billion. The Chinese sta
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News
- Hilton Worldwide (NYSE:HLT) had its price target raised by analysts at Truist Financial Corporation from $253.00 to $307.00. They now have a "hold" rating on the stock.MarketBeat
- Hilton Worldwide (NYSE:HLT) had its price target raised by analysts at Barclays PLC from $309.00 to $350.00. They now have an "overweight" rating on the stock.MarketBeat
- Hilton Worldwide (NYSE:HLT) had its price target raised by analysts at JPMorgan Chase & Co. from $318.00 to $350.00. They now have an "overweight" rating on the stock.MarketBeat
- Hilton Worldwide (NYSE:HLT) had its price target raised by analysts at Argus from $350.00 to $380.00. They now have a "buy" rating on the stock.MarketBeat
- Hilton Worldwide (NYSE:HLT) had its price target raised by analysts at Evercore ISI from $325.00 to $335.00.MarketBeat
HLT
Earnings
- 2/11/26 - Beat
HLT
Sec Filings
- 2/11/26 - Form 10-K
- 2/11/26 - Form 8-K
- 1/21/26 - Form SCHEDULE
- HLT's page on the SEC website