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highplainsdem

(49,079 posts)
Thu Aug 10, 2017, 08:41 PM Aug 2017

Trump D.C. hotel turns $2 million profit in four months

Source: WP

Donald Trump’s company turned a $1.97 million profit at its opulent Trump International Hotel so far in 2017, dramatically beating its expectations and giving the first hard numbers to critics who charge that Trump is profiting from his presidency.

The Trump Organization had projected that it would lose $2.1 million during the first four months of 2017 as it established a new hotel and convention business in the nation’s capital, according to newly released federal documents.

Instead the hotel, with its namesake in the White House down the street, is already turning a hefty profit and charging more for its rooms than most or all of the city’s other hotels.

-snip-

Driving the profits are the extraordinary prices guests have been willing to pay for rooms, including members of Trump’s Cabinet who have stayed or lived there, as well as big spending on food and beverages in the meeting areas, bar and restaurant — spots frequented by members of Trump’s inner circle and other Republican leaders.

=snip-

Read more: https://www.washingtonpost.com/politics/trump-dc-hotel-turns-2-million-profit-in-four-months/2017/08/10/23bd97f0-7e02-11e7-9d08-b79f191668ed_story.html

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Trump D.C. hotel turns $2 million profit in four months (Original Post) highplainsdem Aug 2017 OP
That's what the books say MattP Aug 2017 #1
But he turned down his salary! Flaleftist Aug 2017 #2
Сумма вознаграждения sandensea Aug 2017 #3
It's all going to pay his criminal defense attorneys Bladewire Aug 2017 #4
That's some prezidential profiteering right there ProudLib72 Aug 2017 #5
Making His Bank Account Great Again dalton99a Aug 2017 #6
All of his assets will be frozen/seized at some point... Doc Coco Aug 2017 #7
Emoluments benld74 Aug 2017 #8
Why isn't there "public" housing for the cabinet, staff and Congress turbinetree Aug 2017 #9
 

Doc Coco

(58 posts)
7. All of his assets will be frozen/seized at some point...
Thu Aug 10, 2017, 09:45 PM
Aug 2017

One can only hope that Trump's lawyers suddenly have other reasons to remove themselves from their client.

turbinetree

(24,737 posts)
9. Why isn't there "public" housing for the cabinet, staff and Congress
Thu Aug 10, 2017, 10:55 PM
Aug 2017

In this report his cabinet is staying at this hotel

Trump International Hotel in Washington DC is located just minutes from the White ... rates start from318.75 USD/nightexcluding tax + fees ... Featuring 263 luxurious guest rooms and suites, BLT Prime by David Burke, Benjamin Bar & Lounge ...


This is just f*cking BS

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