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Trump DC ironically could sell to ESG leader

How ironic would it be if the Trump International Hotel in Washington, D.C., sells to an investment firm with a mission to make positive social impacts on its hotel communities? In fact, the reported buyer refers to that focus as its “superpower” within its environment, social, governance (ESG) strategy. Reports are now surfacing and HOTELS has received confirmation that CGI Merchant Group is poised to buy the lease rights to the Trump International Hotel in Washington, D.C., from The Trump Organization for somewhere between US$370-US$400 million. Negotiations are ongoing and a deal could be finalized within a couple of weeks.…
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