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Donald Trump: A report reveals that the former US president's hotel in Washington lost $70 million during his presidency

Donald Trump: A report reveals that the former US president’s hotel in Washington lost $70 million during his presidency

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There have been attempts to sell the famous hotel since 2019 but they have not succeeded so far

An investigation by a congressional committee has found that former US President Donald Trump “grossly exaggerated” the profitability of his Washington, DC hotel.

The committee also said he appeared to be hiding a “potential conflict of interest”.

The Trump International Hotel lost more than $70 million during his tenure, although Trump previously claimed to have earned at least $150 million during that period.

The Trump Organization denied any wrongdoing and called the report “misleading.”