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8 Views· 05 July 2022

How Donald Trump Made Money From His D.C. Hotel | Forbes

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At the grand opening of the Trump International Hotel Washington, D.C. at 1100 Pennsylvania Ave. in October 2016, then-candidate Donald Trump called it the most coveted piece of real estate in the city — “with the notable exception of 1600 Pennsylvania Ave.”

Within weeks, Trump controlled both addresses. Favor seekers caught on fast. Candidates, foreign governments, underlings, members of the administration and wannabes of all stripes flocked to the venue for their meetings, their parties, their fundraisers and even their weddings.

By this time next week, however, Trump’s Washington hotel will be like the White House — a historic, government-owned building now occupied by a competitor (in this case Hilton’s Waldorf Astoria). While the former president’s ownership of the building’s lease is ending, reporting on what happened there and discussion over what precedents it set will continue. As with the Trump White House, it’ll take decades to unpack what took place at the hotel. Much of it will remain unknown. Did a foreign government book rooms but never use them? What secret deals were made in the backrooms? Who ordered the $100 martini with caviar and oysters? And with top government officials lingering, drinking and making small talk, how much did foreign spies love hanging out in the lobby?

But with the work of reporters and congressional investigators as well as social-media posts and, in a few instances, disclosures from the Trump Organization itself, we do know a lot about the hotel already. Here are some of the key statistics.

Read the full story on Forbes: https://www.forbes.com/sites/z....acheverson/2022/04/2

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