Recently CNN decided to look into just how busy Donald Trump's Washington DC hotel has
become since Trump left office and to virtually nobody surprise.
It turns out nobody wants to stay at Trump international in Washington, DC, and the hotel,
struggling to figure out how it's going to draw people.
And now here's the thing, a staffer that did talk to, uh, CNN said that look, it's typical
this time of year for there not to be a whole lot of traffic in the hotel.
Not a lot of people are staying.
It's not really a travel time.
It is what it is, but the staff are also noted.
This feels a little different.
This feels almost like the way things are now.
And what had happened was CNN went to the hotel on a typical Saturday and then returned
on Sunday for the brunch crowd.
They said there were people in the lobby trying to get into the steakhouse on Saturday, but
not a whole lot staying in the hotel.
Then on Sunday, they went back for brunch, virtually empty.
So yes, Donald Trump's hotel in Washington, DC is, is struggling right now to get people
to come in.
Uh, they are, as we had pointed out in a segment earlier this week, raising their rates in
the coming weeks, uh, conservatives think that that's because Trump is coming back to
be president again.
Uh, but it's because they're expecting their busy season.
So time will tell, right?
It's a little too early, uh, to be, go ahead and, uh, writing the epitaph for Donald Trump's
DC hotel, which by the way, is supposed to be the crown jewel of the Trump organization's
hope hotels, but yeah.
Will they ever hit the point that they had been during Trump's administration?
I think we all already know the answer to that.
The answer is clearly, no, there's less incentive now to be honest for anyone to stay in Donald
Trump's hotel, because it wasn't just that you would have foreign dignitaries come and
stay in the hotel.
We had a, um, according to reports, Saudi Arabia was coming and renting out huge blocks
of rooms, paying in advance and then never using them.
Uh, which many believe that was their tacit way of trying to Curry favor with Donald Trump.
And it wasn't just Saudi Arabia.
Other countries, uh, would send their dignitaries, their ambassadors.
They would all come and stay in Trump's hotel just to kind of show a little favor, but it's
not just that you also had all of these Republican groups, Republican organizations, holding
events in Donald Trump's hotels, even during the pandemic.
So you can't write this off as just a pandemic thing.
Like other hotels are struggling.
Oh no.
Oh, he's not getting the traffic because one, nobody has to suck up to them anymore.
And to everybody else of him, nobody wants to go and give him their money.
After doing that for four years, with our tax dollars paying for his businesses.
No, no, no people are sick of it and people are sick of him and he's toxic the Trump name
now isn't, isn't a, a logo.
It's like a warning sign on the outside of his hotels and his businesses because that
man is that toxic.
He sure.
Uh, certainly has a lot of supporters still.
There's no question about that.
But those aren't exactly the people who can go and spend a thousand dollars a night just
to stay in his hotel and the average traveler, when they have a choice, they're not going
to pick that because if there's one thing there's not a shortage of in Washington, DC,
it's hotels.
So Trump is in trouble.
They owe a lot of money on the lease for this building, and they're simply not bringing
it in.
He's also in trouble, up in New York, by the way, you have a lot of shops that have set
up shop in is a fifth Avenue tower, but they're all leaving now because they were there.
Their buildings were being renovated.
They came and they found a spots at the bottom floor of Trump tower.
They're leaving.
So that's going to cost Trump millions of dollars in lost rent.
The guy's businesses are struggling.
He has billions of dollars coming due in loans that he likely does not have on hand.
So I would not be surprised in the very near future to see some of these properties, maybe
not the DC hotel, certainly not the tower in New York, but some of his properties in
order to pay off these loans might be getting for sale signs pretty soon.
Yeah.