Trump’s Presidency Is Hurting His Hotel Business

Doral resort sees profits plunge due to negative perception.


16 May, 2019FORTUNE.COM

Trump’s Presidency Is Hurting His Hotel Business | BEAM

Donald Trump the president seems to be damaging the reputation of Donald Trump the business owner.

The Trump National Doral Miami, which was once the biggest moneymaker in his business empire has seen net operating income drop 69% in the past two years, reports The Washington Post. A tax consultant hired by the hotel says that drop is due to “some negative connotation that is associated with the brand.”...

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