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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump D.C. hotel turns $2 million profit in four months..What Emoluments Clause?
I wonder if he ever paid the contractors that he stiffed, and were suing him?
Donald Trumps company turned a $1.97 million profit at its opulent Trump International Hotel so far in 2017, dramatically beating its expectations and giving the first hard numbers to critics who charge that Trump is profiting from his presidency.
The Trump Organization had projected that it would lose $2.1 million during the first four months of 2017 as it established a new hotel and convention business in the nations capital, according to newly released federal documents.
Instead the hotel, with its namesake in the White House down the street, is already turning a hefty profit and charging more for its rooms than most or all of the citys other hotels.
The $4.1 million swing from projected losses to profitability represents a 192 percent improvement over what the Trump family planned to make when the company opened the hotel in the fall.
https://www.washingtonpost.com/politics/trump-dc-hotel-turns-2-million-profit-in-four-months/2017/08/10/23bd97f0-7e02-11e7-9d08-b79f191668ed_story.html?utm_term=.295fafc67a27
cilla4progress
(24,766 posts)A wrecking ball.
He's basically an anarchist.
virtualobserver
(8,760 posts)Demtexan
(1,588 posts)What is it after expenses.
Is it true?