Robert H. Smith School of Business
The Motley Fool

Market Foolery Featured Podcasts

  • MarketFoolery: 10.30.2014
    Veteran finance writer Jonathan Chevreau discusses investing in Canada and why the word “retirement” needs to be retired.
  • MarketFoolery 10.29.2014
    Fool Australia analyst Matt Joass discusses the investing landscape in Australia, “ghost cities” in China, and how American brands are viewed Down Under.
  • MarketFoolery: 10.28.2014
    The price of oil is dropping.  We analyze the best opportunities in oil stocks right now, plus the latest results from Twitter and Buffalo Wild Wings.  
Capital Business
Posted at 11:24 AM ET, 02/22/2012

Video: Donald Trump on Old Post Office plans

Donald Trump discussed his company’s plans to turn the Old Post Office Pavilion into a luxury hotel by the Trump Hotel Collection recently in a video interview (below) posted online by NBC4 Washington.

Trump tells the interviewer that, “I think this has a chance to be one of the great hotels of the world if not the best.”

He also said he would create connections between the new hotel, to be called “Trump International Hotel, The Old Post Office, Washington, D.C.,” and Trump National Golf Club in Potomac Falls, which features two golf courses. “You add [the golf club] to it, it’s going to even, I think, really give it a big boost,” he said.

Critics say the federal government should not have selected a businessman with a history of bankruptcies, particularly when other more established hotel companies submitted plans for the property. Trump acknowledged the strong competition but wasn’t lacking in confidence.

“We’re going to do a job like, I think, nobody,” he said.

Follow Jonathan O’Connell on Twitter: oconnellpostbiz

By  |  11:24 AM ET, 02/22/2012

Tags:  Donald Trump, Old Post Office Pavilion

 
Read what others are saying
     

    © 2011 The Washington Post Company