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Revenue at Trump’s D.C. hotel down 62% in 2020

Revenue at Trump’s D.C. hotel down 62% in 2020

Mubasher: Revenue at the Trump International Hotel in Washington, D.C. fell by at least 62% in 2020, as the pandemic ravaged hospitality properties worldwide, Forbes reported.

According to Donald Trump’s final financial disclosure report, hotel-related revenue reached $15.1 million in 2020, a decline from $40.5 million a year earlier.

It is worth noting that the former US president owns 77.5% of the hotel, and his family members hold the remainder.