Trump Reportedly Sells 'Crown Jewel' Hotel; New Owners To Dump His Name

Posted on AllSides November 15th, 2021
From The Left

Donald Trump is reportedly selling his Washington hotel, the money-losing property once billed as the “crown jewel” of his real estate empire.

CGI Merchant Group will buy the rights to the Trump International Hotel on Pennsylvania Avenue for $375 million, The Wall Street Journal first reported. Trump’s divisive name will come down from the hotel, which Hilton will run as part of its Waldorf Astoria portfolio.

The building itself is owned by the federal government. Trump’s company won a lease to develop it into a hotel in 2012, then opened it in 2016....

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