"We have incredible conference rooms, incredible restaurants," the President told a news conference. "It's like - it's like such a natural."
Asked if he would be making a profit off the G7, Mr. Trump said that's not his goal.
"From my standpoint, I'm not going to make any money. In my opinion, I'm not going to make any money. I don't want to make money. I don't care about making money," the President added.
But Democrats and other critics of the President see something entirely different.
"Trump treats the presidency as a means to line his own pockets," said Rep. Ruben Gallego (D-AZ). "This is shameful."
"There is no limit to his greed," said Rep. Adam Schiff (D-CA).