The Waldorf Astoria New York's reopening has been postponed until next spring. The landmark Manhattan hotel had most recently aimed to open before the end of 2024.
While the hotel's website reflects this updated timeline, it has yet to begin accepting bookings.
The Waldorf is in the midst of a major revamp, which will transform a hotel with 1,400 guestrooms into one with 375 hotel rooms and 375 condo residences. Hilton, parent of the Waldorf Astoria brand, said, "The timing of the reopening has been thoughtfully adjusted to ensure that we are able to dedicate the necessary time that goes into the highest level of craftsmanship, attention to detail, and preservation of this historic icon."
Initially acquired by China's Anbang Insurance Group from Hilton for $1.95 billion in 2015, the Waldorf Astoria New York's redevelopment was originally expected to take around two to three years following its 2017 closure. The project, however, has faced delays due to the pandemic and a high-profile corruption scandal in 2018, when Anbang was seized by the Chinese government.
The property and other Anbang assets are now controlled by the Dajia Insurance Group.
This report was updated on Oct. 9 to add a statement from Hilton.