Trump Acquires Doral Resort in Miami

 The Trump Organization has agreed to buy the 700-room Doral Hotel & Country Club in Miami for $150 million and will spend at least a year renovating the hotel and its four golf courses. According to Travel Weekly, M&C's sister publication, Trump will take over management by June and will complete the renovation by fall 2013. The Doral currently is a Marriott resort and includes more than 86,000 square feet of meeting space.