Nov 5, 2019

Struggling Trump Tower Chicago cuts amenities, costs to get by

Trump Tower Chicago.

Photo: Jose More/VW Pics/Universal Images Group via Getty Images

Trump International Hotel & Tower Chicago is struggling to bring in business amid political backlash against the president, the Washington Post reports.

Where it stands: County documents show profits between 2015 and 2018 for the hotel have fallen 89%, from $16.7 million to $1.8 million. Company lawyers are arguing to have the business' taxes lowered. To keep up, the lavish establishment is cutting costs by leaving jobs open, rolling back amenities and purchasing cheaper supplies.

  • Documents show other Chicago hotels are largely remaining steady.

The big picture: A number of President Trump's properties have struggled to keep steady since his administration began. While he visits the establishments often, bringing some benefit, many are still having to adjust.

Between the lines: Trump is also facing multiple allegations of violating the emoluments clause through his properties, which financially benefit from hosting the president and his events, as well as foreign dignitaries.

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Editor's note: This story has been updated to reflect that Trump was seeking to host the G7 at Trump's Doral resort, not the G20.

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