Federal government takes down data on Trump's DC hotel

Guests have paid an average of $652.98 a night to stay at the Trump International Hotel in Washington DC. That probably makes it the most expensive hotel in the city according to industry experts

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

Experts interviewed by The Post said that the Trump International Hotel is now the most expensive hotel in Washington - partly because it has become a prestigious meeting ground for high-profile conservative leaders from around the world.

But the hotel raised its room rates after Trump took office, charging an average of $660.28 per night from January to April and resulting in a sizable profit.

President Trump's Washington, DC, hotel wasn't supposed to be profitable in the first four months after it opened - at least that's what the Trump Organization projected. Quite the opposite. Based on financial records obtained by the Post and the Wall Street Journal, the Trump Organization was expecting a $2.1 million loss during the first 4 months of the year; instead it recorded about $18 million in revenue and made a $1.97 million profit.

The Post noted that Trump has spent time at his private businesses' properties on 65 of his 202 days in office thus far, almost one-third.

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The hotel is a few blocks away from the White House near the Washington Mall, and has now become a tourist attraction of its own since Trump became president.

"The Trump International is, if not the, then one of the top rate-getters in the city", Marc Magazine, an executive at the real estate firm Savills Studley told the Post, which cited data from the U.S. General Services Administration, the building's public landlord, on Friday.

It's not the only Trump property that has benefited financially from its namesake's presidency. Hm, how might the Trump International Hotel have pulled that one off?

The Trump International Hotel also outperformed its expected food and beverage revenue by 37 percent, according to the Journal.

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Critics, including government ethics experts and members of Congress, say the president's refusal to divest from his family's sprawling business has created a minefield of conflicts of interests.

Trump denied there are any ethical issues, though the hotel has become a hot spot for Trump operatives, White House staffers, lobbyists and foreign governments.

Even though the hotel is rarely occupied, as in an average of 42% of rooms are unoccupied, its still managed to post an enormous profit.

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