Does Donald Trump Have Any Real Future in the Hotels Business?
Photo Credit: The Trump International Hotel Las Vegas (pictured) is among several Trump-related businesses struggling under the pandemic. Capitol Hill violence earlier this month may exacerbate the financial pain. Flickr / Prayitno Photography
Skift Take
After Trump's departure from the White House, expect the political polarizations and divisiveness to seep back into the former president's marquee business and future deals. How bad will it be for the bottom line?
The gold is starting to lose its shine, as Donald Trump steps out of the presidential limelight and faces repercussions after the breach of the U.S. Capitol by his supporters.
The hotelier was caught up in multiple scandals during his time in office. This time, the blowback will severely impact his hospitality businesses, according to experts. It's a blowback that will likely spread further than political donations and stumbling blocks to sell a Washington, D.C. property.
This month, several organizations have spoken up.
New York City will cancel its contracts with the Trump Organization for two ice rinks, the Central Park Carousel and the Trump Golf Links in the Bronx, according to the New York Times.
The Trump Organization is the parent company of the former president’s many business entities, including his hotels, Trump National membership golf clubs, real estate developments and licensing agreements, and a vineyard. But the company
