Trump to host next G7 at his Doral Miami resort. What do you think about that?

Cut and pasted from today’s NY Times (for those who may not be able to access it):

President Trump will host next year’s Group of 7 meeting next June at Trump Doral, his luxury resort near Miami, the president’s acting chief of staff, Mick Mulvaney, told reporters on Thursday.

“‘It’s almost like they built this facility to host this type of event,’” Mr. Mulvaney said during a press briefing, quoting what he said an unnamed official had told him before quickly saying that the issue was not a conflict of interest. “The president has made it clear since he’s been here that he hasn’t profited since he’s been here.”

The decision to host the summit at the Trump National Doral Miami Golf Club is almost sure to alarm ethics watchdogs and critics of the administration who would see an immediate conflict of interest. Hosting the Group of 7 meeting of world leaders at a Trump property could provide a windfall for the Trump Organization and raise the resort’s profile around the world.

“Donald Trump’s brand is strong as it is,” Mr. Mulvaney said when asked about possible criticism. “It’s the most recognized name in the English language.”

The president has been publicly laying the groundwork for hosting the meeting. At the Group of 7 summit this year, held in Biarritz in the south of France, Mr. Trump suggested that his luxury golf resort, west of Miami, would be a “great place” to hold next year’s meeting.

“It’s got tremendous acreage, many hundreds of acres, so we can handle whatever happens,” Mr. Trump said. “People are really liking it and plus it has buildings that have 50 to 70 units. And so each delegation can have its own building.”

Can you please tell me how Trump-lovers can defend this?