Friday, October 21, 2016

With Empty Rooms And Bookings Plummeting, Trump Hotels Are Taking A Beating

By Liberal_in_LA
 
Source: Nbcnews

While the Los Angeles Dodgers stayed at the Trump International Hotel and Tower in Chicago this past May, its Mexican-American first baseman Adrian Gonzalez would not.

"I had my reasons," is all Gonzalez would say about the lodging choices, but at least one newspaper linked the choice to Trump's anti-Mexican campaign statements.

Bookings at the newly opened Trump International Hotel, Washington, D.C. on Pennsylvania Avenue also seem to be bearing the brunt of this contentious election cycle.

When it had its soft opening in September, rack rates for the basic 410-square "deluxe" rooms started at over $575 a night.

Checking the hotel's online booking site, that same room type is now available for an unrestricted rate of $505, with a discount to $404 for AAA members, for at least the next two weekends and for the weekend after the presidential election.

By comparison, when searching Expedia for a five-star hotel in Washington, D.C., next weekend, a room at the St. Regis Washington, D.C. is available for $655 a night, while the Hay-Adams and others show as sold out.

http://www.nbcnews.com/business/consumer/trump-hotels-getting-beat-trump-campaign-n670266

Read more: http://www.nbcnews.com/business/consumer/trump-hotels-getting-beat-trump-campaign-n670266




Trump hotel not worth the trouble for wedding planners, travel agents
 
The Trump International Hotel in Washington was supposed to be the latest luxurious prize in the Trump collection. 

But to some travel agents and event planners, it's just not worth the trouble. 

The hotel has been the target of protests and vandalism since it opened last month. And its namesake's presidential campaign has made the Trump name awkward at best and toxic at worst for those who specialize in the hotel industry. 

"There certainly are people who are concerned about the message they send by spending money in Trump-branded hotels," said David Loeb, a senior hotel analyst at the Robert W. Baird private equity firm.

Brand research studies suggest those concerns are taking hold. A Foursquare analysis showed foot traffic at Trump's hotels, casinos and golf clubs is down 16% this year. And a Young & Rubicam report released Tuesday shows consumers think Trump himself is less fun, trendy and stylish than he was three months ago.

http://money.cnn.com/2016/10/19/news/trump-hotel-brand-washington/

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