Exclusive: Trump DC hotel sales pitch boasts of millions to be made from foreign governments [View all]

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Source: CNN

Washington (CNN)In its effort to sell off the lease to the Trump International Hotel in Washington, the Trump Organization has put together a glossy investor brochure complete with pictures showcasing the hotel's grandiose architecture, its central location and its spa's Himalayan salt chamber.

The hotel's biggest selling point though, according to a copy of the brochure seen by CNN, is the one thing that the Trump family insists it didn't take advantage of: profiting off foreign governments.

"Tremendous upside potential exists for a new owner to fully capitalize on government related business upon rebranding of the asset," reads the 46-page investor pitch.

The Trump Organization insists that its refusal to solicit foreign business has cost it more than $9 million. According to the brochure, those "sacrifices" include turning away 17,100 room nights in 2019, resulting in $5.3 million in lost room revenue and $3.9 million in lost food and beverage revenue.

Read more: https://www.cnn.com/2019/11/14/politics/exclusive-trump-hotel-investor-pitch/index.html