Motel 6’s parent company has been acquired by India-based OYO Hotels in a $525M all-cash transaction, according to a press release. (Source: File)
The Trump Organization is eyeing a possible reclamation of the Old Post Office building that is leased as a Waldorf Astoria hotel in Washington, D.C.
According to the New York Post, citing three sources familiar with the matter, the Trump Organization is exploring various possibilities, including a licensing arrangement or a purchase of the lease for the historic Old Post Office building.
The building is 125 years old and government-owned.
“Our family has saved the hotel once. If asked, we would save it again,” Eric Trump told the outlet.
ERIC TRUMP REVEALS RENDERING OF TRUMP TOWER PROJECT IN SAUDI ARABIA
The Trump International Hotel in Washington, D.C., at the Old Post Office in Washington, D.C., Oct. 30, 2016.…