Waldorf Astoria Plans Premier West Coast Hotel

BEVERLY HILLS, CA—Hilton Worldwide has announced plans to build the first West Coast Waldorf Astoria property. Located near the Beverly Hilton in Beverly Hills, the hotel will have 12 stories and 170 guestrooms. Hilton is building the hotel in partnership with a private investment group led by Alagem Capital Group and clients of Guggenheim Partners, who will open, own and operate the hotel once complete in 2017.

“This is an important next chapter in the history of this already famous property. Now with Waldorf Astoria Beverly Hills, it will once again set a standard for others to follow,” says Beny Alagem, chairman, Alagem Capital Group. “Waldorf Astoria Beverly Hills will be one of the most luxurious urban hotels in the country. From the world-class design to the exclusive services, every detail is designed to create an unprecedented hospitality experience that doesn’t exist today.”