It looks like the Trump name might be disappearing from Toronto’s skyline sooner than later. The Trump International Hotel and Tower is set to be renamed and will no longer be branded with U.S. President Donald Trump’s name.
According to the Toronto Star, the new owners of the Toronto’s Trump Hotel are JCF Capital ULC and they have reached a deal to buy out the hotel’s management contracts early. (The Trump brand manages and licenses its name to the Toronto hotel and residence, but the brand has never actually owned the property)
Bloomberg writes the Trump signage could be removed from the 65-story tower at Bay and Adelaide as early as August 1
Previous reports said that the hotel will likely be operated under Marriott International Inc.’s St. Regis brand in the future.
