Since Donald Trump’s election, critics have charged that anyone seeking a favor from his administration has an incentive to stay at the Trump International Hotel in Washington, D.C., a source of revenue from which the president has not divested.
Trump’s critics point to the Constitution’s two so-called “emoluments” clauses, which bar the president from taking money from foreign entities, unless Congress gives its consent. It was on that basis that Maryland and the District of Columbia sued the president in June—followed quickly by nearly 200 members of Congress, reminding him that he needs their approval before accepting foreign money. Justice Department lawyers are fighting this and other lawsuits in court.
Recently, the Washington Post (the “AmazonWashingtonPost,” as the Tweeter of the Free World calls it) spent a month (a month!) camped out at the hotel to better understand who stays there and what happens within its walls. Not surprisingly, they discovered that the Old Post Office Building (as it used to be known, after its longtime owner, the U.S. government) is a hangout for Republicans, special interests, foreign dignitaries, and those who hope to influence the president.
And they found out plenty more. Here are the big numbers, from their story, our own research, and reporting by the Wall Street Journal based on recent financial records posted by the General Services Administration, which oversees the Trump Organization’s lease:
$24: Price of the cheapest cocktail at the hotel bar, recently increased from $16.
$652.98 per night: estimated average price of a room, which “probably makes it the most expensive hotel in the city,” notes the Post. The minimum price on certain nights is $120 per night; on other nights, the minimum can be as much as $400.
$19.7 million: Revenue the hotel brought in between its opening last fall and mid-April, according to Trump’s most recent financial disclosure. That number is higher than expected by some hotel industry experts.
$2 million: profit the hotel made between January and April, despite its original budgeting forecast estimating it would lose $2.1 million in the same period.
$8.2 million: food and beverage revenue during the same period, which was 37% more than expected, and accounted for 46% of the hotel’s revenue during the period.
44.4%: occupancy rate between January and April, compared with a 69.5% occupancy rate for comparable hotels.
2: Number of sons in charge of the hotel business since Trump entered the White House. He also vowed to take no hotel profits during his tenure, but he retained his ownership interest, allowing him to eventually profit from his hotels.
60 years: length of the lease the U.S. government signed in 2013 with a consortium owned by the President.