So true in this day and age!

and there will be competition.

[link:https://www.npr.org/2018/10/18/658509261/trump-intervened-in-fbi-hq-project-to-protect-his-hotel-democrats-allege|]

Saying that they are considering selling the DC hotel.

premise. Something about that Building and it's location says,it is a money pit if it is used as a Hotel. Just to many issues about the Building design to start with. Most of these Older so called rehabbed Buildings cost a fortune to maintain on a daily basis.

Learned years ago,if you want the real story,talk to the Janitorial Staff or the Kids in the Mail room. Why,because they catch all the good stuff besides being crapped on by the Swells in the Building.

n/t

And more infesting it by the day.

It's inconceivable that the buyer would go into that purchase blind or trusting the seller's statements about the business's financials -- they must have some sort of audit performed by a 3rd party, yes?

Well, that hotel is never going to look as successful on paper as it does right now. Right now that hotel is a bribe factory -- people trying to get something from Trump spend money there, and let Trump know they are spending money there specifically to make de facto bribes. As such, the hotel charges well above what it otherwise could, and it's occupancy is much higher than it otherwise would be. The minute that Trump ceases to be a useful person to bribe, the revenues are going to plummet. Of course, savvy business people would recognize this, but the Trumps think everyone is dumber than themselves.

Also the new administration might put new people into the top positions at GSA and the GSA's questionable past decisions regarding this property might be altered or reversed to some degree.

Or MBS?

They're probably trying to peddle it to get out from under that. Late, but perhaps not too late. "Oh, I didn't understand, see...but now I've sold it..."

Last year I had an actual copy of the lease from online. There is indeed an Emoluments Clause that he has been in violation of from Day One.

like to pay the President a hefty bribe while maintaining plausible deniability? Have we got a deal for you! You can buy our hotel, conveniently located in a building we don't own, with a specialty clientele that will mostly disappear as soon as we no longer own the hotel! What a bargain!"

Think back to the sequence where Paulie became an investor in the Bamboo Lounge, and Sonny had to pay Paulie every week - no matter what. Sonny eventually ran out of money and had to burn the place down for the insurance money.

Trump doesn't actually own the building his hotel is in. He leases it. He has to pay the government many dollars every month, and he either doesn't want to or can't make the payments.

The only real difference between the two-bit hood Sonny Bunz and the two-bit hood Donald Trump is Trump can't burn the hotel down for the insurance money.

They can't sell the hotel. trump leasing it for 60 years, what they are selling is the lease. Does their lease allow them to sub-let?

...lots and lots of red ink.

His brand has become toxic, no thanks to himself. So he's trying to offload his assets while he can. I wouldn't be surprised his resort in Scotland suddenly and quietly was put on the market.

Dearth of information here.

I wonder if there are contractual restrictions... this just a lease, isn't it?

Russia or Turkey to pay twice it's worth in exchange for all he has done.

...that voids the lease for certain types of violations of the laws?

I’d read a couple years ago that the contractors who put in the improvements never got paid, and had filed artisans liens. Maybe they’re trying to foreclose.

pay six times what it's worth because, you know....