Trump DC hotel rebranding to Waldorf Astoria

Friday, 04 Apr, 2022 0

The Trump International Hotel in Washington DC has been sold and will be converted to a Waldorf Astoria hotel. The Trump Organization cashed in on the lease for $375m to a Miami investment firm.

CGI Hospitality Opportunity Fund I, LP and Hilton Worldwide will rebrand it to a Waldorf Astoria, the General Services Administration said. The federal government owns the Old Post Office building, and is overseen by the General Services Administration.

The Trump Organization reportedly invested about $200m but lost millions and attracted conflict of interest controversy throughout Donald Trump’s presidency.

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Ray Monty



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