Trump Organization eyeing deal to convert DC Waldorf-Astoria back to Trump International Hotel: report
Motel 6’s parent company has been acquired by India-based OYO Hotels for $525M in net cash, according to a press release. (Source: File)
The Trump Organization is looking at the possible restoration of the Old Post Office building that is being leased as a Waldorf Astoria hotel in Washington, DC.
According to the New York Post, citing three sources familiar with the matter, the Trump Organization is looking at various possibilities, including a license arrangement or the purchase of a lease agreement for the historic building of the Old Post Office.
This building is 125 years old and is owned by the government.
“Our family saved the hotel once. If asked, we’ll save it again,” Eric Trump told the outlet.
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Trump International Hotel in Washington, DC, Old Post Office in Washington, DC, Oct. 30, 2016. (Photos by AaronP/Bauer-Griffin/GC, File/Getty Images)
The Trump International Hotel is located at 1100 Pennsylvania Ave, NW. The former Old Post Office and Clock Tower building was completed in 1899 and is listed on the National Register of Historic Places. (Jonathan Newton / The Washington Post via Getty Images / Getty Images)
According to the source, sources said President-elect Trump is considering a hospitality investment in the DC region, although there has been no official communication with Waldorf Astoria about a potential deal.
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According to sources, the final decision on whether the party of the incoming president will want to return the property or follow the license agreement is still pending.
The Waldof Astoria, the former Trump International Hotel, in the Old Post Office Building in Washington, DC, in 2016. (Kent Nishimura/Los Angeles Times via Getty Images/Getty Images)
Trump sold a Washington, DC, hotel rental property in May 2022 to a Miami-based investor fund.
The Trump Organization won the rights to renovate the building and operate it as a hotel in exchange for annual rent and a cut of the profits upon sale.
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The incoming president’s association has transformed the historic building into a 275-room luxury hotel.
Fox News Digital has reached out to The Hilton Group for comment.
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