Just a year after the $2 billion renovation that put the company $1 million over budget, the Dajia Insurance Group will be selling the hotel, the latest in a wave of pullouts by the Chinese government backed entities from the U.S. market
13 Feb 2026 | 02:42
The iconic Waldorf Astoria is about to hit the for sale market, only a year after the Chinese owners completed a massive eight year $2 billion renovation that had shuttered the historic property for eight years.
The Dajia Insurance Group, a company controlled by the Chinese government, will be selling...
