Trump Hotels CEO Pushes U.S. Expansion, Raising More Conflict Of Interest Concerns

Trump Hotel

President Donald Trump’s hotel management company outlined plans for a U.S. expansion shortly after Trump officially became president, raising even more conflict of interest questions surrounding his businesses.

Trump Hotels CEO Eric Danziger said the company should expand into all 26 major metropolitan areas in the U.S. after deciding against plans to expand in China, Bloomberg reports. "I don't see any reason that we couldn't be in all of them eventually," Danziger said.

The company currently operates eight hotels in the U.S., meaning Danziger is proposing a massive expansion at a time when nearly all ethics experts aren’t satisfied with the steps Trump has taken to mitigate possible conflicts of interest. [Bloomberg]

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Gencom-Led Partnership Acquires InterContinental Hotel In Downtown Miami

TPG, ACORE Raise Billions For Opportunistic CRE Funds

Newmark Cuts Earnings Outlook Despite Record Third Quarter

Battered Mortgage REIT Suspends Dividend To Preserve Cash

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Blackstone Mortgage Trust Reports Unexpected Q3 Net Loss

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Office Recovery Moving Faster Than Expected, CoStar Finds

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age

CoStar To Acquire Aerial Imagery Company For $730M

BXP Execs See Better Returns In Building Offices Than Buying Them