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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump's sons are running the business -- and their big hotel expansion is at a standstill
Looks like a Holiday Inn Select
Shortly after Donald Trump entered the White House, his eldest sons announced ambitious plans to open a new line of hotels called Scion that would target young, hip customers mostly in places where their father had proven popular with voters.
The first Scion would open in the Mississippi Delta in early 2018. A second line of hotels, called American Idea, would soon follow, with three in Mississippi and more than a dozen elsewhere. In all, the Trump Organization said it had preliminary agreements to open 39 new properties.
This was the brothers primary and boldest idea for expanding the family business a push into markets that it had long overlooked, they said.
A year and a half later, progress has been slow. The first Scion, in Cleveland, Miss., remains nearly a year from completion. The first two American Idea hotels, in the same area, will not open until later this year.
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https://www.washingtonpost.com/business/economy/trumps-sons-are-running-the-business--and-their-big-hotel-expansion-is-at-a-standstill/2019/01/03/d7016168-f96a-11e8-8c9a-860ce2a8148f_story.html?utm_term=.d9a33f11f78d
My friend and I published magazines, directories, and guides for chambers of commerce and visitors associations. As such we would come into contact with lots of new businesses, many of whom we knew wouldn't make it. We would muse that they would be better off giving us a small sum for us to tell them why they will fail rather than invest tens if not hundreds of thousands of dollars in a business endeavor destined for failure. Who thought building hotels for young hip Trumpsters , itself an oxymoron, was a good idea or taking two star hotels and putting a Trump logo on them was a good idea?
SMFH
19 minutes ago
(Edited)
As a longtime political junkie with extensive experience developing commercial property:
1) Why anybody would think Cleveland MS is a good location for an upscale hotel defies imagination;
and
2) Trump haters will never stay there and Trump's cultists can't afford to
The whole project has Failure written across it in Capital Letters
denbot
(9,899 posts)If not they will find themselves at the back of a very long line.
DemocratSinceBirth
(99,710 posts)marble falls
(57,081 posts)less than 20,000 with an average income $35K. And only the Grammy museum as a draw? Didn't they do any marketing research past finding a sucker with millions to hand over to the Trump boys???
a pile of dirty $$ they needed to unload, or they needed to have a cover story for some large chunk of cash that went elsewhere instead.
DemocratSinceBirth
(99,710 posts)You wonder how someone as gullible as Dinesh Chawla and his brother Suresh amassed that kind of money to lose. He would have been better off partnering with a hotel management company for less money in a more lucrative area.
marble falls
(57,081 posts)Luciferous
(6,079 posts)MrsCoffee
(5,801 posts)A former top official in Azerbaijans Ministry of Tourism says that, when he learned of the Trump hotel project, he asked himself, Why would someone put a luxury hotel there? Nobody who can afford to stay there would want to be in that neighborhood.
Don the Con. The Trump crime family specializes in money laundering, not stellar real estate deals.
Blue Owl
(50,373 posts)n/t
hatrack
(59,585 posts)Cleveland, MS has lost 10% of its population in each of the last two censuses, with a 2016 Bureau estimate putting the population at 12,101 - that's down from 15,384 back in 1990.
Median household income - $29,466, and 25.5% of the city's population lives below the poverty line.
https://en.wikipedia.org/wiki/Cleveland,_Mississippi
Nearest crossing of the Mississippi River to the south - 41 miles
Nearest crossing of the Mississippi River to the north - 61 miles
Nearest interstate highway (I-55 east) - 54 miles
So, yeah, location, location, location, right Eric? Right, Junior?
dalton99a
(81,486 posts)Motor broke - washer not spinning
Rainbow Droid
(722 posts)Adrahil
(13,340 posts)Some Selects are actually very nice.
Fuck Trump.