A downside
How about that – several of Trump’s hotels have been closed because of C19.
President Trump’s private business has shut down six of its top seven revenue-producing clubs and hotels because of restrictions meant to slow the spread of the novel coronavirus, potentially depriving Trump’s company of millions of dollars in revenue.
Those closures come as Trump is considering easing restrictions on movement sooner than federal public health experts recommend, in the name of reducing the virus’s economic damage.
But there is probably no connection between the two, right? He would never put us all in danger just to keep his personal $$$ flowing.
In his unprecedented dual role as president and owner of a sprawling business, Trump is facing dual crises caused by the coronavirus. As he is trying to manage the pandemic from the White House, limiting its casualties as well as the economic fallout, his company is also navigating a major threat to the hospitality industry.
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So far, the Trump Organization has closed hotels in Las Vegas; Doral, Fla.; Ireland; and Turnberry, Scotland — as well as the Mar-a-Lago Club in Florida and a golf club in Bedminster, N.J. Many of the clubs closed because they had to, under local orders. Others closed on their own, following strong guidance or recommendations from local officials.
Those are six of Trump’s top seven revenue-producing clubs and hotels, bringing in about $174 million total per year, according to Trump’s most recent financial disclosures. That works out to $478,000 per day — revenue that is likely to be sharply reduced with the clubs shuttered.
But he won’t kill us just to keep the cash flowing…surely…
Some of the hotels in the UK which have been closed are putting up NHS staff eg the Grand Hotel in Brighton. Any chance that the Trump Inn in Turnberry would do that?
Hahahaha, good one.
But mister Trump said he has no hand in the running of his businesses while president and I trust that, so how would he even know they are having closures??
Well somebody at the WashPo has a sense of humour.