VANCOUVER – Vancouver has become the next stop for real estate tycoon and reality television icon Donald Trump’s international hotel chain.
Surrounded by his two sons and daughter, as well as the CEO of Vancouver-based developer Holborn Group, Trump says the $360-million Trump International Hotel and Tower in Vancouver will be an architectural wonder and worth the hefty price.
The 63-storey twisting tower will be built by Holborn Group on city property that was once slated to become a Ritz-Carlton Hotel with residential condos above.
The Trump Tower will have luxury residences and guest rooms, as well as a night club, a champagne lounge, and a boutique spa.
The Trump family will be lending its brand, and will be operating the hotel, but the family will not be investing in the project’s development.
This will be the second Trump International Hotel and Tower to be built in Canada, following the one in Toronto, which opened last April.