Categorized | Hotels

Trump buys Miami’s Doral resort…

Posted on 28 February 2012

Real estate developer and television star Donald Trump announced Monday his company is buying South Florida’s Doral Doral Latest from The Business Journals Trump closes Doral resort dealDonald Trump quizzes Doral staffersDoral’s White Course property may be rezoned and redeveloped Follow this company golf resort out of bankruptcy.

 

The deal is worth $150 million. The announcement is worth a lot of buzz as the course hosts the Cadillac World Golf Championship there next week, according to the Miami Herald.

 

Trump said he will spend another $150 million to renovate the resort. As part of the deal, he is evicting Marriott Marriott Latest from The Business Journals Safeway makes Brian Baer boss of Dominick’sIn print: ‘Foodies’ to get their own Tampa hotel retreatDeveloper’s option for railyard expiring soon Follow this company as the Doral’s longtime operator so that his company can operate the 692-room hotel and resort.

 

The seller kept one of the five golf courses to be used as the centerpiece of a future development, according to the Herald.

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