Skip to comments.The D.C. Trump hotel made more money in 2017 than expected
Posted on 12/29/2017 7:12:03 AM PST by mandaladon
The infamous Trump Hotel located in D.C.'s old post office surpassed its business goals this year, raking in $1.97 million in profit in the first four months, according to the Daily Beast's Betsy Woodruff. The hotel was projected to lose $2 million, as most luxury hotels don't turn a profit in their first few years.
Big picture: Trump hotels across the country became sites for anti-Trump protests, which isn't exactly great for business, and several hotels have attempted to distance themselves from the name. One Trump hotel in the SOHO neighborhood in New York and one in Toronto changed their names, and a third hotel in Panama City is looking to rebrand. But despite frequent protests, the D.C. location, conveniently situated between the White House and the Capitol, has hosted and entertained Republican officials, campaigners, foreign leaders, conservative outside groups, pro-Trump tourists and even, on occasion, the president himself.
Follow the money: The D.C. Trump International Hotel raised its rates after the inauguration despite stagnant room rates nationwide, according to the Daily Beast. The decision paid off, resulting in a healthy bottom line unusual for new luxury hotels.
(Excerpt) Read more at axios.com ...
Haha. Suck it, dems!
Location, Location, Location!...................
The president is not involved in the business. DJTJr runs it, iirc.
H.R. Clintoonie also made more money from “book” sales than was expected also. Sh*t happens, I guess.
It's what he has done.....all his life.
The Presidency is a continuation of his Mindset!!.
Very thankful that he took on the job....though God knows he's had to make great sacrifices all around.
Ahead of schedule
(ILWT = I Love Writing That)
Because hardcore lefties will avoid all things Trump, normal people can stay there with better assurance of a pleasant stay.
Betsys the one with the crooked face.
“The D.C. Trump hotel made more money in 2017 than expected”
Sounds like they’ll try to impeach Trump on the Monuments Clause of the Constitution - but I doubt they get very far.
No making money as an elected official. Trump is finished!
B. Sanders, Lake House, VT
Just because of all the Russians staying there. < /sarc>
Yeah!!!! Mad Max is going to implode when she hears this!! ha ha ha!
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