Trump Organization Eyes Israeli Hotel Ventures Amid Political Tensions
Plans for luxury hotels in Jerusalem and Tel Aviv are on hold due to the ongoing conflict and ethical concerns related to Trump's presidential campaign.
- The Trump Organization explored opening hotels in Jerusalem and Tel Aviv, aiming to capitalize on its strong fan base in Israel.
- Negotiations were stalled after the October 7 Hamas attack, with Eric Trump citing the war as a reason for the pause.
- Lockwood Development Partners, involved in the project, indicated that Trump's campaign raised ethical concerns, halting talks before the conflict.
- Despite political and ethical issues, the Trump Organization remains interested in the Israeli deals, planning to resume once the situation stabilizes.
- The ventures reflect broader international business pursuits by the Trump Organization, including recent deals in Saudi ArabiaUAE, and Vietnam.
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