Thursday 26 December 2019

Trump Org’s office holdings help offset hotel losses: analysis

Since President Donald Trump took office, the Trump Organization has seen revenue at its hotels suffer due to association with his name. But those struggles have largely been offset by a less prominent side of the company’s business, according to an analysis by the New York Times. Commercial properties account for 30 percent of the organization’s revenues, according to the president’s financial disclosure statements. Hotels make up 25 percent of the total while golf courses



source https://therealdeal.com/2019/12/26/trump-orgs-office-holdings-help-offset-hotel-losses-analysis/

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