Trump Nears Deal To Sell His DC Hotel

By Axios
Posted on 09/05/21 | News Source: Axios

Former President Trump is in advanced talks to sell rights to his Trump International Hotel in Washington, D.C., sources tell Axios.

The removal of Trump’s big, golden name from Pennsylvania Avenue would be a symbolic bombshell savored by opponents.

The historic building became a prop and symbol for both sides in the political wars.

The hotel was a central setting during his chaotic presidency, with Trump preening at his personal table, and supporters and supplicants thronging the lobby bar and restaurants to curry favor.

Trump would sell the leasing rights to a real estate developer, who in turn would negotiate with hotel companies that would manage the property and rebrand it.