Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

DemocratSinceBirth

(99,710 posts)
Fri Jan 4, 2019, 10:32 AM Jan 2019

Trump'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.

...

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


Fitzcaraldo

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


15 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Trump's sons are running the business -- and their big hotel expansion is at a standstill (Original Post) DemocratSinceBirth Jan 2019 OP
I hope the workers get their money up front. denbot Jan 2019 #1
The only ones who seem to have lost money so far are the investors. DemocratSinceBirth Jan 2019 #2
Literally the loonies are running the looney bin. $200 - $300 rooms in a population of ... marble falls Jan 2019 #3
Or.. 2naSalit Jan 2019 #4
You wonder how someone as gullible as ... DemocratSinceBirth Jan 2019 #5
That certainly sounds like a good plan. I wonder why they got in bed with Bevis and Butthead?? marble falls Jan 2019 #8
Ha, clearly they've never been to Cleveland MS! Luciferous Jan 2019 #6
Probably just part of some money laundering scheme like the hotel in Azerbaijan. MrsCoffee Jan 2019 #7
Junior and Gums will leave the light off for ya Blue Owl Jan 2019 #9
OK, so I did about 60 seconds on Wikipedia . . . hatrack Jan 2019 #10
Russian laundromat. dalton99a Jan 2019 #11
Failure in capital letters is spelled "TRUMP" Rainbow Droid Jan 2019 #12
Looks like an Express, not a Select. NT Adrahil Jan 2019 #13
Money laundering. yardwork Jan 2019 #14
... Scurrilous Jan 2019 #15

denbot

(9,899 posts)
1. I hope the workers get their money up front.
Fri Jan 4, 2019, 10:39 AM
Jan 2019

If not they will find themselves at the back of a very long line.

marble falls

(57,081 posts)
3. Literally the loonies are running the looney bin. $200 - $300 rooms in a population of ...
Fri Jan 4, 2019, 11:11 AM
Jan 2019

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???

2naSalit

(86,609 posts)
4. Or..
Fri Jan 4, 2019, 11:18 AM
Jan 2019

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)
5. You wonder how someone as gullible as ...
Fri Jan 4, 2019, 11:20 AM
Jan 2019

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.

MrsCoffee

(5,801 posts)
7. Probably just part of some money laundering scheme like the hotel in Azerbaijan.
Fri Jan 4, 2019, 11:32 AM
Jan 2019

A former top official in Azerbaijan’s 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.

hatrack

(59,585 posts)
10. OK, so I did about 60 seconds on Wikipedia . . .
Fri Jan 4, 2019, 11:49 AM
Jan 2019

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?

Latest Discussions»General Discussion»Trump's sons are running ...