Why Are Trump's Businesses in Trouble? It's All in the Name

[Yo_Mama_Been_Loggin]

Last edited Thu May 16, 2019, 12:55 PM - Edit history (1)

In his new book Commander in Cheat: How Golf Explains Trump, Rick Reilly writes of visiting the president’s signature golf property, Trump Doral. He was shocked by how few people were patronizing the Miami, Florida, resort. “I went there and it was so empty you could shoot a machine gun,” he told Rolling Stone last month. “In fact, the day I left someone did come in and sprayed the place with a machine gun and no one got hurt, because no one was there. I walked all over, and I saw one group.”

He said the same was true of Trump International, in Scotland; Trump International at Doonbeg, in Ireland; and Trump Ferry Point, in Queens, New York. “I think the presidency has really hurt his golf business,” said Reilly.

Reilly was right. On Thursday, the Washington Post reported that business at Trump Doral has been in “steep decline,” and that the resort’s operating revenue has plummeted by a shocking 69 percent in the past two years — or, since around when Trump took office. “There is some negative connotation that is associated with the brand,” Trump Organization tax consultant Jessica Vachiratevanurak told a Miami-Dade County official, according to video and documents obtained by the Post.

“This story is completely senseless,” Eric Trump, who runs the Trump Organization’s day-to-day business, said in a statement. “Our iconic properties are the best in the world and our portfolio is unrivaled by anyone.”

During his conversation with Rolling Stone, Reilly also happened to reference Eric Trump’s tendency to exaggerate the success of Trump properties: “Eric Trump lied at an opening and said, ‘Oh, we’re so busy here at Trump Ferry Point.’ And I said, ‘Oh really?’ So I went online Saturday night to get a Sunday tee time. I had my choice of the whole day. You know, $180 to play golf in the Bronx is not a big seller. His business is down, down, down.”

When the Post contacted the Trump Organization directly, the company blamed the decline at Doral on the Zika virus and hurricanes warding off tourists. But Vachiratevanurak, as well as statistics provided by the company to Miami-Dade County, make clear that Trump Doral is being outperformed by competing resorts.

https://www.rollingstone.com/politics/politics-news/trump-businesses-failing-835677/

I'm reading "Commander in Cheat" right now

[Marie Marie]

1. So, it's all because of the Zika virus?

More like the Trump virus.

[FuzzyRabbit]

2. Here is some good news, for a change.

business at Trump Doral has been in “steep decline,” and that the resort’s operating revenue has plummeted by a shocking 69 percent in the past two years

[captain queeg]

3. Trumps base aren't the kind that are going to pay a couple hundred bucks to play a round of golf.

It’s all part of the mystery; Trump supporters are often “low class” while he has spent his entire life trying to be accepted by the high class. I think he has some backers amongst the wealthy but only in what they can get out of him. Not like they want to hang out with him. If he talks in social settings like he does at his rallies he’d fit in best with some junior high kids. Not that he’s as intelligent as them but that’s about the age group where you really start seeing a lot of social bullying.

[Brother Buzz]

4. Nobody goes there anymore. It's too crowded.

[Norbert]

10. Paraphrasing Yogi

"If people aren't going to trump Doral, how are you going to stop them?"

[Totally Tunsie]

5. tRump's tax consultant Jessica Vachiratevanurak has applied for, and received,

a reduction of several million dollars in assessments for these properties and, thus, lowered the tax payments to be made.

Eric tRump's lip service is for image only, while enjoying the benefits received. These damn tRumps always manage to find and take advantage of every loophole.

https://www.propublica.org/article/trump-inc-podcast-trump-organization-suing-towns-property-tax-breaks

Across the country, the Trump Organization is suing local governments, claiming it owes much less in property taxes than government assessors say because its properties are worth much less than they’ve been valued at. In just one example, the company has asserted that its gleaming waterfront skyscraper in Chicago is worth less than than its assessed value, in part because its retail space is failing and worth less than nothing.

[Midnightwalk]

6. The truth is always right there

Eric the dunce should have said “reviled by everyone “.

[mopinko]

7. making the profits at the dc hotel, and marasluggo all the more

obvious.

[Wellstone ruled]

8. Just another Tax Scam by the Trump Crime Family.

Oh BTW,there are few Trump Supports who could afford a 180 dollar round of Golf or for that part,ever seen a Golf Course.

Their friggin lucky if they have two nickels to rub together.

[Mc Mike]

9. They should rebrand, rename.

I hear 'Shit' is outperforming 'tRump' by 15 points, in a poll asking respondents about 'positive connotations' those words elicit.

Shit International. the Shit Organization. Shit Doral. Shit Ferry Point. etc. It will help Donald Shit's bottom line, immensely.