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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Businesses Are Getting Hammered With Bad Reviews
As Business Insider reported, a new study from the online rating market technology company Signpost shows that the average online ratings for Trump properties in the U.S. have declined about 40% since Trump became president. Researchers looked at three years of user review ratings at Yelp and Google to come up with the data, which indicate that 29 Trump properties now have an average rating of 3.7 stars out of 5. Around the 2016 election, the properties collectively had a 4-star rating.
The ratings dip may seem minor, but previous studies have shown that even a small decrease in online ratings can translate into a significant decrease in revenues. Signpost researchers estimate that the ratings drop would equate to a loss of at least $66 million over four years for Trump businesses, assuming the current review trends continue. These calculations are conservative and according to the most recent revenue estimations, the report stated. The actual cost if these trends continue could be in excess of $100 million.
It appears as if the lower ratings at Trump properties are mostly about politics. There is a long history of people attempting to manipulate online ratings by posting fake or ironic reviews on everything from Confederate flags to Paula Deens books to voice political opinions.
http://finance.yahoo.com/news/trump-hotels-getting-hammered-horrible-184639067.html
Wrong! Fake news, OK? Sad!
GP6971
(31,203 posts)has never done better according the ferret Eric Jr.
machoneman
(4,010 posts)if Jr.'s recent statement is merely cover for what is really happening. Aside from the golf courses and the D.C. hotel, anyone living in or even near other US based Trump properties has to be very worried about:
-protesters getting in their face all the time.
-the need to pass numerous security checks just to enter their own building.
-the idea of potential terrorist attacks designed to strike at his empire.
-if any of these occur or continue, the future asset value of say, a condo, would plummet.
As to Ivanka's line of clothes, shoes, etc. these are silent protests. Indeed, living in a Trump project represents a whole different set of obstacles. That's why I don't believe Jr.'s statement one bit. I'll concede it will take some time to get out the real story but have no doubt either he's right.....or, like most of this farce of an administration and family, he's lying.
GP6971
(31,203 posts)I would be headed out the door.