Donald Trump's Washington Hotel makes US$2 million profit in Q1 2017

Donald Trump's Washington Hotel makes US$2 million profit in Q1 2017
Donald Trump, accompanied by, from left, Donald Trump Jr., Eric Trump, Trump, Tiffany Trump, Melania Trump, and Ivanka Trump, during the grand opening ceremony of the Trump International Hotel—Old Post Office in Washington, D.C. on Oct. 26, 2016. Getty Images.
Published: 13 August 2017 - 1:55 a.m.
By: Sarakshi Rai

Documents showing US President Donald Trump's flagship Washington hotel made nearly US $2m profit in the first four months of 2017 have been deleted after they were posted online by accident, reports US media.

The Washington Post reports that the company was forecasted to lose $2.1 million during that same time period when it opened late last year. 

According to The Hill, the DC hotel upped its rates after Trump became President. 

According to Fortune magazine, guests in 2017 spent an average of $652.98 a night, beating company expectations by 57%. 

The General Services Administration (GSA) pulled the unredacted documents from its website on Thursday after it accidentally released the information.

  


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