Trump Brand Toxicity Ends Australian Gold Coast Skyscraper Plan

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Source: HuffPost
Trump Brand Toxicity Ends Australian Gold Coast Skyscraper Plan
Photo: HuffPost
TL;DR Summary

Altus Property Group has scrapped the 91-story Trump International Hotel & Tower on the Gold Coast after public backlash and a petition with over 140,000 signatures; CEO David Young says the Trump brand’s image in Australia became toxic, and the project will proceed without the Trump name, while the Trump Organization blames the developer for failing to meet basic financial obligations.

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