Hotel in Panama looking to remove Trump branding and fire management

Owners of the Trump International Hotel in Panama are working to strip President Donald Trump's name from the 70-story building and fire the hotel management company run by Mr Trump's family.

The property once paid at least $32 million to associate with Trump.

The decision was described by hotel unit investors.

Despite lavish amenities, the tower on Panama's waterfront has struggled with poor occupancy.

The Trump Organisation says in a statement the property is doing well compared with peers and that Mr Trump has an enforceable contract to run the hotel.

Owners of apartments and hotel units at the property have previously alleged problems with Mr Trump's management.

They removed Mr Trump's management firm from other building administrative posts in 2015.

AP


Related Articles

Donald Trump to unveil plan to resolve US government shutdown

Trump meets North Korean envoy for talks on denuclearisation

Trump accused of security risk after Pelosi’s trip to Afghanistan revealed

Democrats to probe whether Trump told lawyer to lie to Congress

More in this Section

Banksy artwork in Wales sold to art dealer for six-figure sum

Radical cleric to be freed on humanitarian grounds – lawyer

Prince Philip crash sparks debate over whether 97-year-old should be driving

Australian police arrest man over Israeli student’s death


Lifestyle

Fixing leeks in the cold snap

How some home truths can help save the planet

Wish List: Some delightfully eclectic products we need in our lives

Get smart about your bathroom with these app-based ecosystems

More From The Irish Examiner