Chinese Insurance Company to Buy Waldorf Astoria

The transcript discusses a significant real estate transaction involving Hilton and Blackstone in New York. It highlights the potential impacts on Hilton's business and the broader real estate market, including concerns about foreign investments reminiscent of the 1980s. The discussion also touches on future trends in New York real estate, with expectations of rising prices and significant investments.

What recent trend has been observed in New York real estate prices?

What implications does the sale of Hilton's real estate have for the company and its management?

How does the current foreign investment in New York real estate compare to past trends, particularly in the 1980s?

What concerns might arise from the perception of Hilton as a foreign asset?

In what ways might the unprecedented prices in the hotel sphere affect the overall New York real estate market?