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Seth Rotherham
  • Ever Wondered What Impact Trump’s Campaign Has On His Hotels? Here’s The Answer

    02 Aug 2016 by Kiernan in Business, Donald Trump, Property, Vibe
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    For one thing you’d imagine there are fewer Mexicans and Muslims staying in his hotels, but Trump’s problems may be bigger than that.

    Online travel site Hipmunk says business is anything but booming for the Orange Menace, with bookings at his hotels plummeting nearly 60%.

    Not everyone is buying into that data, but for now over to Fortune:

    The site measured the percentage of Trump bookings within its markets. For the first quarter, it found reservations tumbled 59.36% compared with the previous quarter, and for the second quarter, the group suffered a 57.46% decline, according to Hipmunk…

    Trump Hotels, the hotel management company that bears the presidential candidate’s name, doesn’t publicly release any occupancy data or earnings by property. But Eric Danziger, CEO of Trump Hotels, said Hipmunk’s use of percentages come from “minute numbers” that are are inconsequential and don’t offer a complete or accurate representation of its booking. Danziger added, “We are very pleased with the performance of our business.”

    Eric could have a point, but given the big boss man’s propensity for lying maybe he’s just toeing the line.

    And what of Trump condos, how are those holding up?

    A recent study by Redfin, the real estate brokerage firm, found that condominiums bearing the Trump name no longer get a market boost…“Our study carefully controlled for many factors in order to compare Trump-branded condos to other luxurious homes to ensure we were not comparing apples to oranges,” Nela Richardson, chief economist at Redfin, [said]. “We did, in fact, find that there was a Trump premium prior to his campaign and that it vanished in the first five months of 2016″…

    Still, Redfin cautioned against drawing the conclusion that Trump’s presidential campaign is hurting his business, noting that the overall market for high-end condos has softened.

    Booking agents offer mixed reviews when it comes to what customers are asking for, but this one is my favourite:

    Robin Neil, a travel agent from Seattle, say several clients have told her flat-out “anything but a Trump hotel.” “I don’t question it,” she says, adding, “I am not going out of my way to support or sell his properties.”

    Anything but Trump, which is basically what we are left with headed into November’s presidential election.

    As an aside, we covered Trump’s recent ridiculous interview with George Stephanopoulos HERE. Sometimes a video is necessary to really drive home the point though, so enjoy this quick recap of Trump becoming tangled in his own web of lies.

    WATCH: Trump claims ‘no relationship’ with Putin… Here’s what Trump has actually said in the past. https://t.co/uBPWh2iDar

    — Morning Joe (@Morning_Joe) August 1, 2016

    Lying isn’t something that is exclusive to Donald, because Hillary has her own bag of tricks, but imagine the nuclear codes in the tiny, tweeting hands of an enraged Trump?

    Amusing yes, destructive for sure.

    [source:fortune]

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