Waldorf Astoria in Jerusalem Sold for $160 Mln

Michel Ohayon, the French owner of the hotel group Financière Immobilière Bordelaise controlling Le Grand Hôtel, the Intercontinental-affiliated hotel in Bordeaux and the Waldorf Astoria Trianon Palace in Versailles, came to agreement to buy the historical luxury hotel Waldorf Astoria in Jerusalem, located on the corner of Agron and King David streets near the Mamilla Mall,
for $160 million from Reichmann family.