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

Hotel in Panama looking to remove Trump branding and fire management

More on this topic

Trump’s intervention over Stone draws fierce criticismTrump’s intervention over Stone draws fierce criticism

Donald Trump calls for ex-MI6 spy behind Russia dossier to be extraditedDonald Trump calls for ex-MI6 spy behind Russia dossier to be extradited

Irish Examiner View: Donald Trump called to bookIrish Examiner View: Donald Trump called to book

Donald Trump claims improved ties as he hosts Mexico’s presidentDonald Trump claims improved ties as he hosts Mexico’s president


More in this Section

Australia to offer 10,000 Hongkongers permanent residencyAustralia to offer 10,000 Hongkongers permanent residency

Trump wears mask in public for first time during pandemicTrump wears mask in public for first time during pandemic

Trump’s intervention over Stone draws fierce criticismTrump’s intervention over Stone draws fierce criticism

Israelis protest against government’s economic response to virusIsraelis protest against government’s economic response to virus


Lifestyle

Testing beauty products in shops is verboten for the moment, a restriction that depletes the whole retail experience, in my view. The chief reason to go bricks-and-mortar shopping for beauty it to try before you buy.Make a splash with your skincare this summer with the best water-based makeup

More From The Irish Examiner