Trump Organization reportedly selling iconic D.C. hotel

Trump Organization reportedly selling iconic D.C. hotel

The Trump Organization has reportedly come to an agreement to sell the iconic Trump International Hotel in Washington D.C. for $375 million. The hotel on Pennsylvania Avenue, which is only a short distance from the White House, has long been a tourist hotspot, particularly during Trump’s time in office.

According to the Wall Street Journal (WSJ), the hotel was a favorite meeting venue for Republicans from 2016 to 2020 and was even used as an event space and speaker room for the virtual Republican National Convention in 2020.

The new leaseholders, CGI Merchant Group, who allegedly has ties with Hilton Worldwide Holdings Inc., have decided to remove Trump’s name will from the hotel. It will likely be converted into a Waldorf Astoria.

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