Documents show Trump lost millions operating D.C. hotel
Posted on AllSides October 8th, 2021
From The Left
Julio Cortez/AP
The Trump International Hotel in Washington, D.C., a hangout for Republican allies of former President Donald Trump during his term at the White House, was a big money loser for Trump's company, according to a cache of documents released by congressional Democrats on Friday.
How big? The company incurred $70 million in net losses, according to the House Oversight Committee.
The panel said Trump claimed the hotel, on Pennsylvania Avenue a few blocks from the White House, generated $150 million in revenue during his time in office. But it said...
