Anbang taps Bank of America to run sale of US luxury hotels

Anbang Insurance. Photo: Bloomberg

Anbang Insurance Group Co. has hired Bank of America Corp. to help sell a portfolio of U.S. luxury hotels formerly known as Strategic Hotels & Resorts Inc. as it continues to reverse a global buying spree that raised the ire of Beijing, according to people familiar with the matter.

Continue reading this story with a subscription to DealStreetAsia.


Contact us for corporate subscriptions at