The Trump Organization may sell its Washington hotel
President Trump's hotel in Washington, D.C. may soon be up for sale.
The Trump Organization is looking into selling the rights to its Trump International Hotel in Washington, D.C., having hired a real-estate firm to market it, The Wall Street Journal reported Friday.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
The Trump Organization is seeking more than $500 million for the lease rights, the Journal reports. The federal government leases the building to the company.
The New York Times and The Washington Post both also reported on the news Friday, with the Times noting that the D.C. hotel since opening in 2016 "quickly became one of the single biggest sources of revenue for the Trump family" and is "one of the few parts of the company that has seen major revenue growth" during Trump's presidency.
-
Metal-based compounds may be the future of antibioticsUnder the radar Robots can help develop them
-
Europe’s apples are peppered with toxic pesticidesUnder the Radar Campaign groups say existing EU regulations don’t account for risk of ‘cocktail effect’
-
Political cartoons for February 1Cartoons Sunday's political cartoons include Tom Homan's offer, the Fox News filter, and more
-
Trump sues IRS for $10B over tax record leaksSpeed Read The president is claiming ‘reputational and financial harm’ from leaks of his tax information between 2018 and 2020
-
Trump, Senate Democrats reach DHS funding dealSpeed Read The deal will fund most of the government through September and the Department of Homeland Security for two weeks
-
Fed holds rates steady, bucking Trump pressureSpeed Read The Federal Reserve voted to keep its benchmark interest rate unchanged
-
Judge slams ICE violations amid growing backlashSpeed Read ‘ICE is not a law unto itself,’ said a federal judge after the agency violated at least 96 court orders
-
Rep. Ilhan Omar attacked with unknown liquidSpeed Read This ‘small agitator isn’t going to intimidate me from doing my work’
-
Democrats pledge Noem impeachment if not firedSpeed Read Trump is publicly defending the Homeland Security secretary
-
The billionaires’ wealth tax: a catastrophe for California?Talking Point Peter Thiel and Larry Page preparing to change state residency
-
Hegseth moves to demote Sen. Kelly over videospeed read Retired Navy fighter pilot Mark Kelly appeared in a video reminding military service members that they can ‘refuse illegal orders’
