Owners of Trump hotels want to remove his name from the hotels
Trump Hotel owners do not want the Name of Trump on their hotels. According to the report of the Associated Press, Owners of the Trump International Hotel in Panama are pushing to remove President Trump’s name from the building as the tower attempts to revive its business
According to reports, The owners of the waterfront building, which stands 70 stories high, also want to oust the staff who are part of the Trump family’s hotel management company and put distance between the hotel and the first family in order to combat low occupancy rates, hotel unit investors told the newswire.
Associated Press reports, The luxury property at one point had paid at least $32 million to use the Trump brand,.
But the Trump organization, in a statement to AP said that the Hotel in Panama is performing well and pointed to their organizations enforceable contract that allows them to run the hotel.
The Associated Press also reported that the owners had previously had issues with the Trump management company, which they cut from other administrative posts in 2015. The move to remove Trump’s name from the hotel comes at a time when 38 percent of American voters approve of the job the President is doing in the White House.
And this week Donald Trump received another set back about his Manhattan Property “Trump SoHo” Trump association has to abandon the business name “Trump” from its hotel. The building will be there , but there wont be any “Trump” on it
The New York Times has reported that, it is because of Lebron James that SoHo ditched Trump. He refused to stay at the SoHo last year because of its association with Donald TRUMP. And the decision of Lebron James set off a chair reaction and many people started abandoning Trump properties from their travel list. Many NGOs and organizations have also cancelled conducting their events and charity function at Trump properties.
The New York Times reported “…according to a longtime member of the staff [@Trump SoHo] who asked not to be named because employees had signed a nondisclosure agreement. After LeBron James publicly refused to stay at the hotel last year, the corporate clients and 20 or so sports teams that had been regular guests almost entirely disappeared, the staff member said. Porters whose base salaries were once buoyed by up to $60,000 a year in gratuities have earned half as much in tips.”
The new York Times further reports, The building which included condominium apartments has lost revenue, shuttered restaurants and slashed prices as the professional sports teams and corporate guests who were its mainstays checked out and never returned.”
Earlier The Cleveland Clinic, the American Cancer Society and American Friends of Magen David Adom have all axed plans for galas at Trump’s private Mar-a-Lago club.
It will be the first time in eight years that the Cleveland Clinic has not held its fundraiser at the resort in South Florida, which Trump has dubbed the Winter White House.
After that The American Red Cross, The Salvation Army and Susan G. Komen foundation all said they’re canceling their events at Trump’s Palm Beach property Mar-a-Lago. That comes after three organizations made similar announcements.