Family with Trump-like ambition runs hotel hosting summit | iNFOnews | Thompson-Okanagan's News Source

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Family with Trump-like ambition runs hotel hosting summit

FILE - In this June 6, 2018, file photo, part of the facade of Capella Hotel is seen in the center of the photo, on Sentosa Island in Singapore. Ahead of a planned summit Tuesday, June 12, in Singapore between President Donald Trump and North Korean autocrat Kim Jong Un, there has been talk of complete denuclearization, North Korea has shut down (for now) its nuclear test site, and senior U.S. and North Korean officials have shuttled between Pyongyang and Washington for meetings with Kim and Trump. The top U.S. diplomat declared that “Chairman Kim shares the objectives with the American people” amid talk of a grand bargain that could see North Korean disarmament met with a massive influx of outside aid.(AP Photo/Wong Maye-E, File)
June 08, 2018 - 9:59 PM

WASHINGTON - The Singapore coastal hotel where President Donald Trump and North Korean leader Kim Jong Un plan to meet on June 12 is overseen by a wealthy Singapore family whose real estate development firm is pushing into the competitive upscale resort realm.

That's where Trump's own company operates.

The 112-room Capella Singapore, which juts out of a lushly landscaped island in Singapore's harbour, is owned by the city's Kwee family, according to Singapore media.

Their Pontiac Land Group company has been building a network of lavish hotels across Asia and the Singapore firm has even intruded on the Trump Organization's New York base, building a 72-story condominium and museum gallery project in midtown Manhattan.

News from © The Associated Press, 2018
The Associated Press

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