Well, ladies, gentlemen, and non-binary friends — another one has officially bit the dust.
According to a new report from the New York Times, the Trump family’s pathetic D.C. Trump Hotel is officially out of business, finally bringing a formal end to the corrupt family’s presence in the nation’s Capitol, after the whole family flew south like scared little birdies after Donald’s humiliating 2020 election loss.
“The Trump International Hotel in Washington is now officially out of business after the Trump family on Wednesday completed its sale to a Miami investor group, which plans to reopen it as a Waldorf Astoria,” the Times reports today. “The sale formally ended the Trump family’s business presence in Washington, although the family company still owns a golf course in Northern Virginia.”
Trump reportedly sold his lease to the Old Post Office building, owned by the federal government, to CGI Merchant Group for a reported $375 million. The new owners of the lease were quick to confirm that they would be immediately removing the Trump name and all branding related to the scandal-ridden ex-president.
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“Hotel industry executives have said the hotel underperformed compared with other luxury hotels in the city, particularly since President Donald J. Trump left office, in part because some companies and travelers were reluctant to book rooms or hold events at the hotel given the controversies surrounding Mr. Trump,” the new report reads. “Those factors most likely contributed to the decision to sell the lease, they said.”
This is, of course, far from the first time one of Trump’s properties has kicked the proverbial bucket. In fact, the former president has a long laundry list of business venture failures to his name — including Trump Taj Mahal, Trump Plaza Hotel and Casino, Plaza Hotel, Trump Castle Hotel and Casino, Trump Hotels and Casino Resorts, and Trump Entertainment Resorts, which all declared bankruptcy.
Trump University and the Donald J.Trump Foundation, though, were both shut down by the state of New York.
“The hotel, which opened just a few weeks before Mr. Trump was elected president in 2016 after a $200 million renovation of the once-decrepit building, became a gathering place for supporters of Mr. Trump, members of his cabinet, lobbyists, Republicans in Congress and foreign leaders, some of whom were on their way to see Mr. Trump,” the Times writes in their report. “But since 2020, the hotel has generally seen sparse crowds in its sprawling lobby, including late last week, several days before the closing, when just a few tables were occupied at the lobby bar.”
Good riddance, we say.
Read the full report from the New York Times here.
Featured image via screen capture
