With a steady conveyer belt of investigations and scandals plaguing the Trump administration in the White House, Donald Trump may be looking to other parts of his empire for comfort. He’s not likely to find that comfort in his hotel business. After handing over the Trump Organization to Don Jr. and Eric Trump, the once flourishing company has reportedly stalled out.
The Washington Post reported a spate of mishaps and calamities that have seen the company go south under the watch of Trump’s eldest sons.
One of the Trump Organization’s flagship projects, a launch of the company’s Scion luxury hotel chain in the Mississippi Delta, saw its opening delayed following changes to plans and budget overruns.
Elsewhere, the group lost its branding and management deals for hotels in Toronto, Panama, and New York City.
The chief executive of Trump hotels, Eric Danziger revealed that the company had 39 letters of intent for hotel projects across the country, including preliminary plans for the launch of the first two hotels of the American Idea chain.
However, like the Scion hotel in Cleveland, Mississippi which remains a year away from completion, the American Idea hotels are also running behind schedule.
The other 36 planned projects have “made no discernible progress”, the Washington Post notes.
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Oliver is a UK-born freelance writer and journalist based in Boston. He is a self-confessed politics junkie with a passion for foreign and environmental policy. His work has been featured on Open Democracy, International Policy Digest, and the London Economic. He was a regular contributor for ASEAN Today.