…as will all of the Trump Hotels. In addition, the D.C. hotel has been reducing prices for rooms. Because — in a liberal city like D.C. — none of its residents really want to be giving money to any of Trump’s businesses in the first place.
In a statement, Trump Hotels CEO Eric Danziger said, “We wanted a name that would be a nod to the Trump family and to the tremendous success it has had with its businesses, including Trump Hotels, while allowing for a clear distinction between our luxury and lifestyle brands.”
Just recently, it was revealed that many rooms in the Trump International Hotel in Washington, D.C. have been lowering their prices by the hundreds. Rooms that regularly price at $750 per night have been asking under $500 per night. Additionally, a deluxe room that regularly asks $805 per night went for $404 per night.
Further insights into Trump Hotels showed that bookings plummeted by 59 percent during the first half of 2016, and foot traffic has dropped by 17 percent since June 2015, according to data from Hipmunk and Foursquare.