Tag:TrumpInternationalDC

Eric Trump Just Put Trump International Washington D.C. Up For Sale

The Trump family must be getting shaky about all this impeachment talk. I venture to say that some lawyer acquaintance downtown has been giving them the high sign that now might be a good time to do some damage control. In any event, Eric Trump announced Friday that the Trump International Hotel down the street from the White House is entertaining bids. New York Times: The hotel has become a frequent target of criticism for Mr. Trump and his family because it frequently hosts foreign diplomats as well as corporate executives seeking approvals from the Trump administration and political groups that are pushing the White House for policy actions, creating questions about conflicts of interest. “Since we opened our doors, we have received tremendous interest in this hotel and as real-estate developers, we are always willing to explore our options,” Eric Trump said Friday in a statement to The Wall Street Journal, which first reported the proposal. “People are objecting to us making so much money on the hotel, and therefore we may be willing to sell.” The hotel opened in late 2016, just before Mr. Trump was elected president, and quickly became one of the single biggest sources of revenue for the Trump family, according to financial disclosures. It also is one of the few parts of the company that has seen major revenue growth since Mr. Trump took office. This is a developing story and will be updated accordingly.

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