Report: Trump Hotels CEO Pledges Huge U.S. Expansion

General view of the Trump International Hotel Washington, D.C. at the Old Post Office on November 11, 2016 in Washington, DC. (Photo by Riccardo Savi) *** Please Use Credit from Credit Field ***
Start your day with TPM.
Sign up for the Morning Memo newsletter

Trump Hotels will move forward with a massive expansion of its U.S. business, company CEO Eric Danziger pledged at an industry conference Tuesday.

“There are 26 major metropolitan areas in the U.S., and we’re in five,” Danziger told attendees following a panel discussion at the Americas Lodging Investment Summit in Los Angeles, according to Bloomberg News. “I don’t see any reason that we couldn’t be in all of them eventually.”

Bloomberg reported that the company currently manages eight Trump-branded hotels in the U.S., meaning that an expansion to 26 cities would more than triple the total. Danziger specifically mentioned Dallas, Seattle, Denver and San Francisco as potential sites for new luxury hotels, and said that the company’s lower-priced offshoot, Scion, will begin opening in smaller U.S. cities this year, according to Bloomberg.

At a news conference earlier this month, Trump and his lawyers announced that he would not sell his business or place his assets in a blind trust as president. Instead, he turned daily management of the company over to his two adult sons and announced he would not enter into new foreign deals as president.

Trump’s lawyer Sheri Dillon said at the presser that “no new foreign deals” whatsoever would be made during his presidency, and that new domestic deals will face “severe restrictions” and “go through a vigorous vetting process.” An ethics adviser will be tasked with reviewing new deals for conflicts of interest and ethics issues.

Danziger joked about the new restrictions the President has agreed to, which ethics experts say are not nearly sufficient, at Tuesday’s conference.

“Both brands and any others we create will have a domestic emphasis for the next four or eight years,” he said, prompting laughter from the crowd, according to Bloomberg.

Latest Livewire

Notable Replies

  1. The Dems need to be drafting their Articles of Impeachment document already. They can just annotate in bullet format over the first 100 days.

  2. Are Seattle, Houston, et al willing to pay for the extra security Trump hotels will need? I hope they’re not expecting the Trump organization to pay their fair share.

  3. Sadly it is Paul Ryan making this list so he can force Trump to sign Ryan’s granny killing Social Security ideas.

    I mean really, who has Social Security ever helped out? Right Mr. Speaker?

  4. Trump Hotels will move forward with a massive expansion of its U.S. business, company CEO Eric Danziger pledged at an industry conference Tuesday.

    Sssshhh! Don’t tell the President. He’s not supposed to know…

Continue the discussion at forums.talkingpointsmemo.com

51 more replies

Participants

Avatar for system1 Avatar for innerchild Avatar for ajaykalra Avatar for srfromgr Avatar for brooklyndweller Avatar for the_lone_apple Avatar for deckbose Avatar for commiedearest Avatar for joebob Avatar for donnyyoung Avatar for cd Avatar for ottnott Avatar for bboerner Avatar for riverstreet Avatar for ronbyers Avatar for darrtown Avatar for jonney_5 Avatar for castor_troy Avatar for birdford Avatar for cola Avatar for circusmax Avatar for katscherger Avatar for maximus Avatar for loss_mentality

Continue Discussion
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Deputy Editor:
Editor at Large:
General Counsel:
Publisher:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: