The following article by Jonathan O’Connell and David Fahrenthold was posted on the Washington Post website November 22, 2017:
President Trump’s company has agreed to drop the name “Trump” from the Trump SoHo hotel in New York and give up management of the property. (Bastien Inzaurralde/The Washington Post)
President Trump’s company has agreed to remove the Trump name from its hotel in Lower Manhattan and give up management of the property, the most visible sign yet of the toll his presidency has taken on his brand.
The decision, announced by the company Wednesday afternoon, follows signs that business has flagged for months at Trump SoHo, beginning during his polarizing campaign last year.
The hotel’s sushi restaurant closed. Professional sports teams, once reliable customers, began to shun the property. The hotel struggled to attract business for its meeting rooms and banquet halls, according to reporting by radio station WNYC. Continue reading “Trump’s name is coming off his SoHo hotel as politics weigh on president’s brand”