When estimating his net worth Pepe the Cheeto is apt to include a multibillion dollar valuation for the ‘Trump’ brand-name; but new Trump Hotels will be called ‘Scion’ hotels ‘
Trump hotels say that the change to ‘Scion’ has nothing to do with the fact that their bookings are way down – claiming that the polls showing the decline are rigged.
Nightly rates at the newly-opened Trump International Hotel in D.C. plummeted below $500 while practically every other five-star property was sold out for the International Monetary Fund conference two weeks ago.
And after his remarks about Mexican immigrants two celebrity chefs backed out of their contracts to open a restaurant in the hotel.
According to Hipmunk bookings at Trump Hotels plummeted 59 percent during the first half of 2016.