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Trump Opens Canada’s Tallest Condo Tower With $6 Million Toronto Suites
Trump International Hotel & Tower Toronto, Canada’s tallest residential building, opens today, capping a seven-year effort to bring the brand of billionaire Donald Trump to the country’s largest city.
The C$500 million ($498 million) Trump tower is the first of three luxury hotel-condominium projects opening this year in Toronto, after The Ritz-Carlton opened last year. The Four Seasons Hotel (FS) and Private Residences and the 66-story Shangri-La Toronto are also set to open this year.
Nobody Can Compete
If there is rivalry brewing among Toronto’s luxury hotels, the billionaire behind the brand name said he isn’t worried.
“Toronto is a vibrant, great city. We have a great product,” Donald Trump told reporters Jan. 24 at the Americas Lodging Investment Summit in Los Angeles. “Nobody will be able to compete with us.”
The Trump building is in the heart of Toronto’s financial district, rising 277 meters (908 feet) among towers bearing the logos of Canada’s largest banks including Bank of Montreal and Bank of Nova Scotia.
The Trump hotel features a two-level spa with pool, a 12,000-square-foot ballroom and 31st-floor dining at Stock Restaurant Bar & Lounge. Rooms start at C$395 a night and go as high as C$20,000 for the 4,000-square-foot presidential suite.
http://www.bloomberg.com/news/2012-...ondo-tower-with-6-million-toronto-suites.html
Trump International Hotel & Tower Toronto, Canada’s tallest residential building, opens today, capping a seven-year effort to bring the brand of billionaire Donald Trump to the country’s largest city.
The C$500 million ($498 million) Trump tower is the first of three luxury hotel-condominium projects opening this year in Toronto, after The Ritz-Carlton opened last year. The Four Seasons Hotel (FS) and Private Residences and the 66-story Shangri-La Toronto are also set to open this year.
Nobody Can Compete
If there is rivalry brewing among Toronto’s luxury hotels, the billionaire behind the brand name said he isn’t worried.
“Toronto is a vibrant, great city. We have a great product,” Donald Trump told reporters Jan. 24 at the Americas Lodging Investment Summit in Los Angeles. “Nobody will be able to compete with us.”
The Trump building is in the heart of Toronto’s financial district, rising 277 meters (908 feet) among towers bearing the logos of Canada’s largest banks including Bank of Montreal and Bank of Nova Scotia.
The Trump hotel features a two-level spa with pool, a 12,000-square-foot ballroom and 31st-floor dining at Stock Restaurant Bar & Lounge. Rooms start at C$395 a night and go as high as C$20,000 for the 4,000-square-foot presidential suite.
http://www.bloomberg.com/news/2012-...ondo-tower-with-6-million-toronto-suites.html