Trump’s company exploring sale of marquee Washington hotel
- Share via
WASHINGTON — President Trump’s company is exploring the sale of its Washington hotel, which has been at the center of three years’ of ethics complaints and lawsuits accusing him of trying to profit off the presidency.
The Trump Organization said in a statement Friday that it would consider offers to buy out its 100-year lease on the building partly because “people are objecting to us making so much money on the hotel.”
The Trump International Hotel has been a magnet for lobbyists and diplomats looking to curry favor with the Trump administration.
In Trump’s latest financial disclosure, the opulent hotel — transformed from the Old Post Office building just steps from the White House — generated nearly $41 million, up less than half a million from last year.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
