Saturday, March 21, 2020

Not feeling sad about this closing

The Trump Organization reportedly cut staff from hotels and resorts in New York and Washington, D.C., halted new reservations at a property on the Las Vegas Strip and closed golf courses in Los Angeles and South Florida.

Trump’s Florida estate, Mar-a-Lago, reportedly closed as well.

[...]

The company’s actions are not unlike other hotel and resort owners who have seen a decrease in clientele as travel restrictions and now “stay at home” orders are enacted across the country.

The report also comes amid record-high unemployment claims, which could spike to an unprecedented 2.25 million, according to an analysis from Goldman Sachs.

The White House and lawmakers are also mulling stimulus packages which include bailout packages to the hospitality industry. It's unclear if the Trump Organization will be eligible for part of that package.

  The Hill
Unclear to whom exactly?

They should have a nice cushion from the emoluments they've received in the past three years.

...but hey, do what you want...you will anyway.

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