The End of an Era
New York's iconic Waldorf Astoria Hotel is set to close as it undergoes a refurbishment into luxury condominiums. Does the conversion make financial sense?
New York's iconic Waldorf Astoria Hotel is set to close as it undergoes a refurbishment into luxury condominiums. In its heyday it was the best hotel in New York hosting stars such as Frank Sinatra and Cole Porter. Kim Gittleson takes a look back at the history of the hotel and asks if the conversion makes financial sense. Manuela Saragosa asks Fiona O'Donnell, director of travel and leisure research at Mintel, whether websites like Airbnb have changed the game for the traditional hotel industry. Plus Lucy Kellaway ponders the usefulness of Twitter to CEOs. (Picture: The Waldorf Astoria Hotel main entrance; Credit: Spencer Platt/Getty Images)
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- Mon 22 Aug 2016 07:32GMTΒι¶ΉΤΌΕΔ World Service except News Internet
- Mon 22 Aug 2016 15:06GMTΒι¶ΉΤΌΕΔ World Service except East and Southern Africa, News Internet & West and Central Africa
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Business Daily
The daily drama of money and work from the Βι¶ΉΤΌΕΔ.