Trump's money losing' DC hotel may not survive the pandemic and as bills come due: report

[marmar]

Slate business reporter Zach Everson explained that former President Donald Trump's Washington, D.C. hotel might not be able to hold on for much longer.

During his presidency, the halls were flooded with the MAGA elite. Former campaign staff and far-right allies were found at the bar and held meetings in restaurant booths. The Washington Post described international visitors bragging to the president that they were staying at his hotel in meetings and tweeted about it.

Link to tweet

?s=20

"Once, pictures from the hotel lobby showed Trump Cabinet members, foreign leaders, compliant GOP lawmakers, CEOs, lobbyists, Hill staffers, and the MAGA faithful," wrote Everson. ......(more)

https://www.rawstory.com/trumps-dc-hotel-faltering/

[OAITW r.2.0]

1. The Party's Over......

https://music.

[pandr32]

2. Profiting off the presidency is over.

Break the lease and let us have the property back to lease again to a reputable business.

[HipChick]

3. DC hotel business is general is down..

Trump hotel rates are way over priced

[marmar]

5. Yeah, I was there for work in September.......

...... and I swear I had the entire hotel (the Marriott Residence Inn @ the Convention Center) to myself.

[elleng]

4. The Old Post Office Pavilion's been a White Elephant for many years,

and it's still on us, We the People own it, tramp merely has a leasehold.

'In 2013, the U.S. General Services Administration (GSA) leased the property for 60 years to a consortium headed by "DJT Holdings LLC", a holding company that Donald Trump owns through a revocable trust.[2] Trump developed the property into a luxury hotel, the Trump International Hotel Washington, D.C., which opened in September 2016.' https://en.wikipedia.org/wiki/Old_Post_Office_(Washington,_D.C.)

((A white elephant is a possession which its owner cannot dispose of and whose cost, particularly that of maintenance, is out of proportion to its usefulness. In modern usage, it is an object, building project, scheme, business venture, facility, etc., considered expensive but without use or value.))

[Blue Owl]

6. Good, give him a taste what the rest of us are fucking going through

Thanks to tRump, my career was basically destroyed by his lack of Covid-19 management. So I wish nothing but the worst for that fat fuck sack of shit.

[HipChick]

7. Exactly...

[Me.]

8. So Who Is Going To Get Stuck With THe Bills?

[magicarpet]

9. Let trDump go belly up,... and then bankruptcy.

Hilton, Hyatt, Ritz Carlton, or some other five star top shelf hotel operation will take over the lease and make it a going place.

Without trDumpie's name attached, the pandemic resolved, and the economy better, the old post office should do nicely as a hotel. There should be a lot of pent up demand to travel and leisure,... get the hell out of the house,... outta town traffic soon.

[keithbvadu2]

10. Other countries don't need to rent blocks of rooms, never used, to curry favor with the Prez now.

Other countries don't need to rent blocks of rooms, never used, to curry favor with the Prez now.