Trump Hotel DC Has Profited Nearly $2 Million This Year

Trump's DC hotel has made $4 million more than his company expected this year

In fact, according to the new filing, while Ivanka was joining him in greeting the remains of fallen Navy SEAL William "Ryan" Owens at Dover Air Force Base, she was also quietly earning from the hotel's $2.4 million in revenue (from its opening through June).

Trump himself has made occasional appearances at the property since taking office.

The General Services Administration on Friday pulled down a trove of unredacted documents from its website that revealed President Trump's Washington hotel made $1.97 million in profits so far in 2017.

It's not the only Trump property that has benefited financially from its namesake's presidency.

Remember when, before President Trump took office, questions and concerns abounded about his conflicts of interest-that, with business holdings around the world, he could potentially profit from the presidency?

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Those numbers are then reported to the National Association of State Directors for Pupil Transportation Services. In the past six years, law enforcement across the state wrote almost 9,000 stop arm violation citations.

But although there has been evidence of revenue slipping at Trump golf courses, his D.C. hotel is already able to charge more than most - if not all - other hotels in the capital.

The hotel's management has pledged to donate proceeds from foreign officials to the U.S. Treasury, but at the same time, the Department of Justice (headed by Jeff Sessions, one of Trump's earliest congressional supporters) has ruled the emoluments clause doesn't apply to fair market commercial transitions. Still, the high price of the rooms and extravagant food and beverage tabs (on average, guests spend a total of $8.2 million on food and drinks at the Trump International this year) allowed Trump's DC hotel to not only not lose money but bring in a high profit. Those gains easily outweighed underperformance by the hotel's retail, parking and Spa by Ivanka Trump, which all failed to meet the company's expectations.

Trump and the Trump Organization have denied any wrongdoing.

"We are very proud of the success of the project", the president's son Eric Trump, who took over the company with his brother Don Jr., said in an email.

"Some people really want to stay there, and then there's a bunch of people who don't". The hotel the analyst is referring to is the recently opened Trump International Hotel in Washington, DC, which has this year logged an occupancy rate of 42.3%.

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