Hotel Collection projects are already underway in such markets as Chicago; Ft. Lauderdale, FL; Waikiki, HI; and Las Vegas, which is the largest of the group at 1,282 rooms. None of the projects will have less than 200 rooms, Trump relayed at the press conference, which was held to unveil the group's broad platform, one extending internationally to such areas as Dubai, Mexico and Panama. It was not detailed whether each property will have a residential component or other mixed uses similar to that planned in Toronto, or how financing for the projects will be structured. In the case of the Toronto venture, construction financing of $310 million was arranged by Raiffeisen Zentralbank Osterreich, an Austrian-based lender.

Trump and Talon officials predict a solid response to the Toronto operation, one which has already enjoyed a complete sellout of the pre-construction inventory of hotel and residential condominiums. A limited release of suites will be available later this autumn, however, at prices ranging from $900,000 to $1.6 million. The top four floors of the tower will be reserved for penthouse residences up to 7,700 sf and featuring libraries, galleries, and terraces. Floors 33 to 53 will also be residential and restricted to no more than six units per level. Features will include direct elevator access and oversized windows to enhance views.

Hotel rooms are being placed between the 11th and 29th floors, capped off by a quintet of five exclusive suites yielding a range of extra amenities and services. The 4,000-sf Presidential Expo Suite will have a media room and access to a boardroom and lounge large enough to host meetings and social gatherings. Other levels will provide studio and one- and two-bedroom suites up to 1,660 sf, units being touted as the largest lodging accommodations in the city. The Trump International Hotel & Tower is also being incorporated into Toronto's PATH system, a 27-kilometer concourse that has underground shopping and dining and entertainment venues.