The deal is said to be worth $375 million. Trump's company has suffered a net loss of $70 million in operating the hotel, the House Oversight Committee said last month.
trump international hotel
The Trump International Hotel incurred tens of millions in losses, while the former president claimed it was making money, according to a new cache of documents released by congressional Democrats.
Unlike other National Park Service properties, the clock tower above the Trump International Hotel is open and staffed by park rangers. Government officials insist the arrangement is aboveboard.
Investors say President Trump's company has mismanaged the property and are demanding that it leave and take the branding with it. But the Trump Organization refuses to vacate, leading to a standoff.
The two-year legal battle concerned a restaurant in Trump's Washington, D.C., hotel. Andrés pulled out of the deal in 2015 after Trump made comments disparaging Mexicans.
Ethics experts often criticize the Trump Organization for running a hotel just blocks from the White House. Now, the company might be looking to add a second hotel in the nation's capital.