JUST POSTED: Despite all Republican-paid political events & big bar tabs from lobbyists, foreign dignitaries & other supporters of President Trump, the Trump hotel in DC lost an estimated $74 million between 2016 and 2020, data released Friday shows nytimes.com/2021/10/08/us/…
We waited a while to post this story so we could dig into the documents and evaluate the 212 pages of detailed financial reports made public by House Oversight on Friday. Here are all those documents. int.nyt.com/data/documentt… 
Here is my take on these documents. The House Oversight Committee report overstated the losses by Trump Hotel, because it included depreciation losses of about $8 million a year. That is not a real loss. That is a paper loss.
But if you subtract out the losses associated with depreciation--the Trump Hotel in DC still was losing money, according to our analysis. So Trump Hotel in DC--despite all the love from GOP lobbyists/White House aides/Rudy & his friends, etc--is a money LOSER. The bottom line.
Here again is the story. nytimes.com/2021/10/08/us/…
What I can say is that since DJ Trump left office, the crowds at the Trump hotel lobby have declined, even after taking the pandemic into account. Have visited the hotel lobby on several occasions. This piece is from late January nytimes.com/2021/01/28/us/…
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