China News Service, November 15th. According to foreign media reports on the 15th, sources said that former US President Trump signed an agreement to sell the hotel in the capital Washington to an investment from Miami for US$375 million. company.
According to reports, the Wall Street Journal quoted a source familiar with the situation as saying that CGI Business Group Investment Co., Ltd. acquired the hotel and prepared to remove the golden letters of Trump’s name on the front of the building. The company reached an agreement to use its logo.
Data map: On September 12, 2016, local time, the Trump International Hotel in Washington, USA is about to open, and the staff is intensively preparing for the work.
According to reports, the iconic old post office in Washington, DC will be reborn under the name of Trump International Hotel.
This 127-year-old landmark century-old post office has undergone a $200 million refurbishment and was transformed into a hotel with 263 rooms by Trump.
The source pointed out that the sale can only be completed in the first quarter of 2022, because the US House of Representatives committee is studying the lease conditions between the Trump Hotel and the federal government and is investigating possible conflicts of interest.
Previously, documents from the U.S. House of Representatives’ Oversight and Reform Committee showed that Trump had provided the U.S. government with false information about the financial status of his Washington hotel over the years.
It is reported that during Trump's four years as the head of state, his hotel lost more than 70 million U.S. dollars.
At the same time, according to documents from the U.S. House of Representatives, Trump once claimed that his hotel brought tens of millions of dollars in profits.
According to the Russian Satellite Network, the famous Trump Hotel is located on the main road in Washington, 500 meters from the White House and 1 kilometer from the Capitol.
Like other hotels, the five golden letters of Trump's surname are shining on the facade of this multi-storey building.
Trump’s company has been rebuilding and operating this old postal building since 2012. For this purpose, it has paid about several million dollars in rent every year, and it is reported that it has also invested hundreds of millions of dollars in renovations.
Trump's hotel business has been hit hard by the new crown epidemic.