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Trump is reportedly close to selling his Washington DC hotel for more than $370 million

The Trump International Hotel Washington, D.C. AaronP/Bauer-Griffin/Getty Images Former President Trump is reportedly close to selling his Washington DC hotel for over $370 million. Miami-based investment firm CGI Merchant Group is looking to buy it, the Wall Street Journal said. It's the same hotel that lost over $73 million between 2016 and 2020. Former President Donald Trump is close to selling his luxury hotel in Washington DC for more than $370 million, the Wall Street Journal re...
Tags: Travel, Politics, News, Washington, White House, Trends, Washington Dc, Hotel, Miami, Donald Trump, Wall Street Journal, Committee, Trump, Trump International Hotel, Pennsylvania Avenue, Trump hotel

CGI Merchant Group Acquires Former Celino South Beach, Announces Plans To Reopen Under Hilton's Upper Upscale Curio Collection

 CGI Merchant Group, LLP (CGI) – a global investment management firm with a focus on real estate and private equity – today announced its purchase of the hotel complex formerly known as The Celino South Beach. Located at 640 Ocean Drive, the property will reopen in fall 2021.
Tags: Travel, Hilton, CGI Merchant Group, Celino South Beach, CGI Merchant Group LLP, 640 Ocean Drive