Trump Organization to Sue After Panama Hotel Changes Name

Lawyers for the Trump Organization in Panama say they will take legal action to restore the Trump name to the Panama City hotel.

Workers clean a sign after the Trump sign letters were removed, at the Trump Hotel in Panama City on March 5, 2018. 

Photographer: RODRIGO ARANGUA/AFP via Getty Images

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Panama City (AP) -- Operators of the former Trump Ocean Club International Hotel and Tower in Panama City announced Friday they have changed the property's name to "Bahia Grand Panama."

The operators said in a statement the hotel will be run "with the approval of Ithaca Capital Investments and Orestes Fintiklis," the investor who owns a majority of the hotel units.