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Trump Thought His D.C. Hotel Would Bring In Twice As Much Money As It Did

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forbes.com/sites/danalexander/2023/10/20/trump-thought-his-dc-hotel-would-bring-in-twice-as-much-money-as-it-did/?cdlcid=5d01057f1802c8c524bb7dcd&section=politics

fter Donald Trump secured a lease to Washington D.C.’s historic post office in 2013 and spent more than $200 million over the next few years turning it into the ultra-luxury Trump International Hotel, the Trump Organization expected big things: Annual revenues above $100 million, profits exceeding $30 million and average room rates over $700. Trump’s lender, Deutsche Bank,…

This story from forbes.com was posted on 2023-10-23 by @rockway.

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