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Obama checked out of Anbang’s Waldorf Astoria

When Anbang purchased the Waldorf Astoria in New York, reports emerged that President Obama and his staff would avoid the hotel due in part to what an unnamed senior administration official called “security concerns.”

In its coverage of the President’s decision to abandon the Waldorf, the New York Times noted Anbang’s “deep ties to Beijing’s ruling elite.” The Associated Press reported that “fears of espionage have driven the U.S. government from New York’s famed Waldorf-Astoria Hotel.”

California deal blocked?

Anbang’s efforts to buy the Hotel del Coronado were abandoned in 2016 after reported concerns were raised by the Committee on Foreign Investment in the United States.

The Hotel del Coronado shares Coronado Island with Naval Base Coronado, which the Navy describes as “unequalled in operational scope and complexity.” The hotel is located between Naval Amphibious Base Coronado and Naval Air Station North Island. Naval Amphibious Base Coronado is home to the Navy SEALs, “whose members,” according to the San Diego Union-Tribune, “can sometimes be seen training not far from the Hotel del Coronado.”


 

“Anbang, which has close ties to the Chinese state, has seen its aggressive efforts to buy up hotels in the United States slowed amid concerns raised by Obama administration officials who review foreign investments for national security risk.”

New York Times, Jan. 7, 2017