Trump Vancouver Hotel Files For Bankruptcy Owing Creditors $3.6 Million
Due to the financial woes related to the COVID-19 pandemic and the local animosity towards the presence of a Donald Trump-branded property in Vancouver, the eponymously named hotel, The Trump International Hotel and Tower, filed for bankruptcy on August 26. According to documents filed with the Office of the Superintendent of Bankruptcy Canada, the company that owned the hotel reported nearly CDN $4.8 million (US $3.6 million) in total liabilities.The hotel’s owner TA Hotel Management Ltd. Limited Partnership, a subsidiary to Malaysia based TA Global Berhad, cited coronavirus as the underlying...