Donald Trump isn't shy about promoting his brand on the campaign trail, having used the first presidential debate to tout his brand new luxury hotel in Washington, D.C. But by all appearances, Trump's campaign isn't doing much to help business — in fact, big-spenders in D.C. are apparently going out of their way to avoid the Trump International:
Last weekend bankers and dignitaries from around the world descended on Washington for the annual World Bank–IMF meetings. But just a few days before the conference, rooms were not only still available at Trump International, they were heavily discounted. On October 2, a deluxe room, with a rack rate of $805, could be had for as low $445 a night on Hotels.com. All other five-star D.C. downtown hotels were sold out. By Wednesday, October 5, weekend stays in the deluxe rooms were marked down to $404 per night on Trump International's own website. The more luxurious 500-square-foot executive rooms, with a city view and marble bath, were only $484. By comparison, at the Waldorf-Astoria in Georgetown, the only available rooms were $1,139 per night, according to Hotels.com.For a five-star hotel in downtown Washington to have vacancies during major IMF meetings is a little like having empty rooms when the Super Bowl is in town. "The reason why there were vacancies is the political atmosphere. People don't want to go there for fear that they would be asked, 'Why are you staying here?'" says Ada Pena, a travel agent with ABA Travel in Washington, D.C. [New York]
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Sodium batteries could make electric flight viableUnder the Radar Low-cost fuel cell has higher energy density and produces chemical by-product that could absorb CO2 from the atmosphere
-
Flying into dangerFeature America's air traffic control system is in crisis. Can it be fixed?
-
Pocket change: The demise of the pennyFeature The penny is being phased out as the Treasury plans to halt production by 2026
-
Crypto firm Coinbase hacked, faces SEC scrutinySpeed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress codespeed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
-
Warren Buffet announces surprise retirementspeed read At the annual meeting of Berkshire Hathaway, the billionaire investor named Vice Chairman Greg Abel his replacement
-
Trump calls Amazon's Bezos over tariff displaySpeed Read The president was not happy with reports that Amazon would list the added cost from tariffs alongside product prices
-
Markets notch worst quarter in years as new tariffs loomSpeed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
-
Tesla Cybertrucks recalled over dislodging panelsSpeed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
-
Crafting emporium Joann is going out of businessSpeed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
-
Trump's China tariffs start after Canada, Mexico pausesSpeed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
