Trump in talks to sell lease on his iconic Washington hotel: report

Trump in talks to sell lease on his iconic Washington hotel: report


The Trump Organization is in talks to sell its lease on the Trump International Hotel in Washington, DC, in a deal that would allow for a rebranding of the iconic 19th-century building and put its operations under new management, according to a report on Saturday.

The sale will likely net the Trump family less than the $500 million payday they sought when they first shopped the lease in 2019, an unnamed source told Axios, which did not report a new figure.

The hotel is housed in the former Old Post Office Pavilion, a 122-year-old structure near the National Mall that is owned by the federal government.

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The Trump Organization leased it from the General Services Administration in 2013 and gave it a $250 million renovation before opening it to guests in 2016 — weeks before the presidential election that swept Trump into the White House.

The Trump Organization is attempting to sell the lease to the

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