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Photo: Noam Galai / Getty

The infamous Trump Hotel located in D.C.'s old post office surpassed its business goals this year, raking in $1.97 million in profit in the first four months, according to the Daily Beast's Betsy Woodruff. The hotel was projected to lose $2 million, as most luxury hotels don't turn a profit in their first few years.

Big picture: Trump hotels across the country became sites for anti-Trump protests, which isn't exactly great for business, and several hotels have attempted to distance themselves from the name. One Trump hotel in the SOHO neighborhood in New York and one in Toronto changed their names, and a third hotel in Panama City is looking to rebrand. But despite frequent protests, the D.C. location, conveniently situated between the White House and the Capitol, has hosted and entertained Republican officials, campaigners, foreign leaders, conservative outside groups, pro-Trump tourists and even, on occasion, the president himself.

Follow the money: The D.C. Trump International Hotel raised its rates after the inauguration despite stagnant room rates nationwide, according to the Daily Beast. The decision paid off, resulting in a healthy bottom line — unusual for new luxury hotels.

Go deeper

with Betsy Woodruff's full piece.

Go deeper

40 mins ago - Health

Fauci: Omicron variant will "inevitably" be found in U.S.

Photo: Chip Somodevilla/Getty Images

Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, cautioned on Sunday that the COVID-19 Omicron variant will "inevitably" be found in the United States.

Driving the news: Fauci, Biden's chief medical adviser, told ABC's George Stephanopoulos on "This Week" that U.S. officials will meet with colleagues from South Africa later on Sunday to try to determine the severity of the cases, as countries scramble to learn more about the variant.

Updated 2 hours ago - Politics & Policy

Dems fear supply-chain blame

Illustration: Aïda Amer/Axios

As supply-chain kinks drive up prices and disrupt holiday shopping, Democrats are scrambling to show action and deflect blame.

Why it matters: With their party controlling both the White House and Capitol, vulnerable Democrats worry supply-chain snafus will hurt them in next year's midterms.

3 hours ago - World

Scoop: Germany urges Congress not to sanction Putin’s pipeline

Photo: Mikhail Svetlov/Getty Images

The German government has urged members of Congress not to sanction the Nord Stream 2 pipeline, arguing that doing so will "weaken" U.S. credibility and "ultimately damage transatlantic unity," according to documents obtained by Axios.

Why it matters: At a time when roughly 100,000 Russian troops are massing at its border, Ukraine views Nord Stream 2 as an existential threat to its security. The pipeline would circumvent Ukrainian transit infrastructure and deliver Russian gas directly to Germany, eliminating one of the last deterrents Ukraine has against an invasion.

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