What will Hilton do with Waldorf cash?

Name: What will Hilton do with Waldorf cash?
Uploaded: 2014-10-06T14:37:00.000Z
Duration: 2 min 33 s
Description: Hilton Worldwide announced it will sell the Waldorf Astoria in New York City to a Chinese insurance company for nearly $2 billion. CNBC's Robert Frank and Simon Hobbs discuss how Hilton will spend the money from the deal after it closes.

Hilton Worldwide announced it will sell the Waldorf Astoria in New York City to a Chinese insurance company for nearly $2 billion. CNBC's Robert Frank and Simon Hobbs discuss how Hilton will spend the money from the deal after it closes.

02:33

Mon, Oct 6 201410:37 AM EDT

Robert Frank