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The D.C. Trump hotel made more money in 2017 than expected
Axios ^
| 29 Dec 2017
| Stef W. Kight
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 ...
TOPICS: Business/Economy; Extended News; News/Current Events; Politics/Elections; US: District of Columbia
KEYWORDS: 2017review; emoluments; moluments; trump; trumphotel; trumpworld
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More heartburn for the left...
To: mandaladon
To: nickedknack
3
posted on
12/29/2017 7:17:25 AM PST
by
bagster
(Even bad men love their mamas.)
To: mandaladon
Location, Location, Location!...................
4
posted on
12/29/2017 7:24:35 AM PST
by
Red Badger
(Road Rage lasts 5 minutes. Road Rash lasts 5 months!.....................)
To: mandaladon
The president is not involved in the business. DJTJr runs it, iirc.
5
posted on
12/29/2017 7:27:35 AM PST
by
xzins
(Retired US Army chaplain. Support our troops by praying for their victory.)
To: mandaladon
H.R. Clintoonie also made more money from “book” sales than was expected also. Sh*t happens, I guess.
6
posted on
12/29/2017 7:28:13 AM PST
by
FlingWingFlyer
(2017 - The year the liberals' "sexual revolution" strikes back!)
To: mandaladon
Just remember that the building was headed for the dump. Trump bid on it...and got the contract. No one could "Make It Great Again" like President Trump.
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.
To: mandaladon
IMPEACH!!!!!!!!!!!!!!!!!!!!!
To: Sacajaweau
The President Donald J. Trump (ILWT) signature:
Upgraded specifications
Under budget
Ahead of schedule
(ILWT = I Love Writing That)
9
posted on
12/29/2017 7:38:57 AM PST
by
spokeshave
(FBI = Feral Bureau of Insurrection)
To: mandaladon
Because hardcore lefties will avoid all things Trump, normal people can stay there with better assurance of a pleasant stay.
10
posted on
12/29/2017 7:40:34 AM PST
by
JimRed
( TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
To: mandaladon
Betsys the one with the crooked face.
11
posted on
12/29/2017 7:41:41 AM PST
by
Lisbon1940
(No full-term Governors (at the time of election!)
To: mandaladon
“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.
12
posted on
12/29/2017 7:43:29 AM PST
by
BobL
(I shop at Walmart...I just don't tell anyone)
To: mandaladon
Oh noes 😱😱😱😱
13
posted on
12/29/2017 7:44:45 AM PST
by
Nifster
(I see puppy dogs in the clouds)
To: mandaladon
To: mandaladon
15
posted on
12/29/2017 7:50:11 AM PST
by
Vision
(If you can't respect the Anthem, then it's time for you to find another home.)
To: mandaladon
No making money as an elected official. Trump is finished!
B. Sanders, Lake House, VT
To: mandaladon
Just because of all the Russians staying there. < /sarc>
17
posted on
12/29/2017 7:59:35 AM PST
by
KarlInOhio
(The Whig Party died when it fled the great fight of its century. Ditto for the Republicans now.)
To: 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."
"$1.97 million? Is that all? LOL!"
18
posted on
12/29/2017 7:59:54 AM PST
by
COBOL2Java
(Arguing with the left is like trying to reason with a crazy bum hearing voices)
To: mandaladon
The infamous Trump HotelInfamous?
19
posted on
12/29/2017 8:08:12 AM PST
by
kabar
To: Hyman Roth
IMPEACH!!!!!!!!!!!!!!!!!!!!! Yeah!!!! Mad Max is going to implode when she hears this!! ha ha ha!
20
posted on
12/29/2017 8:13:08 AM PST
by
notaliberal
(St. Michael the Archangel, defend us in battle,)
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