Hilton has launched a new brand, Waldorf=Astoria, named after the famed New York City hotel landmark, which Hilton owns.

Name: Hilton has launched a new brand, Waldorf=Astoria, named after the famed New York City hotel landmark, which Hilton owns.
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The question states that Hilton has launched a new brand named Waldorf=Astoria, which is named after the famed New York City hotel landmark that Hilton owns. This means that Hilton owns the Waldorf=Astoria hotel, which is true.

Hilton Has Launched a New Brand, Waldorf=Astoria, Named After the Famed