Federal government takes down data on Trump's DC hotel

Trump International visitors have spent $8.2 million on food and drinks so far at the hotel this year beating expectations by 37.2 per cent

The Trump International Hotel in Washington, D.C. has profited almost $2 million in 2017, according to newly released figures.

Instead, the hotel represents a 192 percent improvement, or a 4.1-million-dollar swing from projected losses to profitability. Since then, prominent political figures have been seen visiting and staying at the hotel, including members of Trump's Cabinet. Rep. Peter DeFazio (D., Ore.) called the arrangement "highly unethical".

Before taking office, Trump broke with presidential tradition by announcing he wouldn't divest entirely from all his businesses - and in response, many have been concerned about the president making money off of business interests, particularly those located in Washington. He has twice been to the Pennsylvania Avenue hotel to have dinner, appearances that critics say amount to promotional displays.

Hm, how might the Trump International Hotel have pulled that one off?

The Trump International Hotel has made $18 million in total, far exceeding expectations of the organization, according to the Wall Street Journal.

The only divisions of the hotel that didn't churn a profit were retail, parking, and the Spa by Ivanka Trump.

Ivanka Trump, the president's daughter, led the development of the project as a Trump Organization executive before resigning to join the White House.

"Although new, the Washington hotel is already known as a D.C. power centre, drawing visits from government and business officials", the report said, noting that's likely reflected in the hotel's food and beverage revenue of $8.2 million for the first four months of the year.

The hotel's management has sought to capitalise on the president's popularity in the GOP by marketing meeting space and rooms to Republicans and conservatives.

Mr Trump's sons Eric and Donald Jr are now running the Trump Organisation. The data, however, shows the property has made a healthy profit to the tune of $1.97 million.

Even though the hotel is rarely occupied, as in an average of 42% of rooms are unoccupied, its still managed to post an enormous profit.

Analyst Michael Bellisario of Robert W. Baird & Co told the Post that rate is "three times the average rate".

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