EyeSawYou

From literally the first second after President Donald Trump’s inauguration, liberals have been citing the “emoluments clause” of the United States Constitution to contend that Trump is illegally benefiting from foreign powers as president by virtue of his Trump Organization and its international hotels.

But as it turns out, just like that $400,000 salary Trump keeps donating back, the presidency is a money-losing proposition in the business sense too. But Trump is clearly not in it for the money.

According to the U.K. Telegraph, the room rates for the hotel chain that bears Trump’s brand have dropped, by more than 60 percent in some cases, from the time Trump took office.

Hotel room rates are a fluctuating commodity. Their pricing depends on a flexible supply-and-demand situation that varies literally by the day.

However, one thing has been steady all year: Demand at Trump’s hotels has been consistently down, the Telegraph reported.

At Trump International Las Vegas, the hardest hit property, rates have declined from last January, when a two-night stay for a standard double room cost about $850, to a little over $400 for the same stay now, according to the Telegraph.

At the Trump International Hotel in Washington, the chain’s priciest property and one of the liberals’ favorite bugaboos, rates have dropped from a high of $1,650 in January to about $800, according to The Hill.

Nick Trend, the Telegraph’s Travel editor, said there could be a number of factors at work – but the bottom line is that the demand for the “Trump” brand is not what it was before Jan. 20.

“Like airfares, rooms rates are not fixed — they are determined by supply and demand and can change from day by day. Hotels cut them when sales are weak, so a drop in average room rates must reflect a fall in demand for Trump hotels,” he said.

Read the entire article here: http://www.projectrepublictoday.com/2017/11/23/fake-news-president-trump-not-getting-rich-office-sacrificing-fortune-maga/?utm_content=buffer0036b&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer

KGOldWolf

Interesting article. It would have helpful to compare Trump’s hotel rate decreases to other comparable hotels such as those in Las Vegas. If their occupancy rate and room prices haven’t correspondingly dropped, you could interpret the loss to Trump’s overall unfavorability rating.

Given consumer confidence remains high, I think it is disenchantment with the Trump brand.

EyeSawYou

The point of this OP is debunking the lies from the Liberal media and Liberals in general, that Trump is "illegally benefiting (getting richer) from foreign powers as president by virtue of his Trump Organization and its international hotels." The facts contradict the accusations from Liberals, the evidence so far appears to be that Trump is losing money not gaining.

EyeSawYou

By the way, Happy Thanksgiving! :)

KGOldWolf

Yes, I clearly understood his perspective. I went back to the UK’s Telegraph article. It was just relating the metrics, not giving an opinion. It was that article I wish had offered comparative room occupancy rates and dollar charges.

Mickey43 Loc: metro Philadelphia

Trump had to give back his salary to support his claim that he was super rich. The lower room rates no doubt reflect his adverse popularity. BTW I'm a life long republican that thinks Hillary was probably a crook. Trump scares me. He is so incompetent. We republicans have to unite behind a true conservative candidate that will unite the country and not be divisive.

KGOldWolf

boberic Loc: Quiet Corner, Connecticut. Ex long Islander

When Trump took the oath he said that he would not even take the presidential salary. He was however forced bu the constitution to accept it. That's the reason he is taking 1 dollar and donating the rest. So saying that had to do this is total BS. How rich is Trump? Don't know, don't care. But I am sure that he is rich enough so that $400,000 means nothing to him. His jet, just sitting on the ground for 4 years costs him a lot more that 400 grand/year