Before taking office, Donald J Trump pledged that his business empire would forgo new deals abroad while he was president. But as the Trump Organisation unveils a new brand of hotels, that promise is not preventing the company from bringing foreign deals home.
The company, now largely run by Trump’s eldest sons, Eric and Donald Jr, has been pursuing a downtown Dallas hotel project with a real estate firm that has deep Turkish roots. The hotel, if built, would fall under the Trump Organisation’s Scion chain, a more affordable alternative to its five-star luxury line.
Alterra Worldwide, the real estate firm that