Hotel prices at Donald Trump’s properties have dropped as much as 65% since he became president.
Travel currency expert FairFX, has revealed the cost of a stay in Trump hotels around the world has dramatically dropped since Trump’s inauguration.
The price of a luxury room at his hotels have dropped by as much as 65% since his inauguration in January 2017 and are down by 35% since this time last year.
Of the 22 room prices tracked since Trump’s inauguration, 17 of them have slumped by between 10% and 65% with an average price slump of £865.
The most expensive room at a Trump hotel – the Trump Townhouse – is down £8,813 for a two night stay in November 2018 at £38,687 compared to the £47,501 price tag it boasted in January 2017.
Meanwhile, a stay in the presidential suite in the Trump Doral in Florida was found to be £4,936 less than January 2017 – a difference of 35%. And compared to this time last year it was 19% less.
But it’s not just the premium suites that have taken a price hit, superior and deluxe rooms are also being sold at much cheaper rates compared to the start of Trump’s presidency.
A two night stay in a ‘superior room’ at both Trump Las Vegas and Trump Vancouver is now £342 and £314 respectively cheaper than it would have been back in January 2017.
The price of a deluxe room at Trump’s UK based Trump Turnberry in Scotland is now 28% less than January 2017 with a £140 decrease.
During the period, three hotels; Toronto, Panama and New York City’s SoHo have dropped the Trump brand name, making a comparison with inauguration prices impossible.
Ian Strafford-Taylor, CEO of travel money expert FairFX said: “When it comes to holidays timing is everything and supply and demand usually means the cost of hotels are bumped up. However, as the USA mid-term elections are set to take place, prices for a weekend in one of Trump’s hotels around the world have, for the most part, gone down suggesting that it doesn’t always pay to be presidential.”
“Travelers who have their heart set on a particular destination should do their research on everything from hotels, to food, activities and currency to get the most for their money.”
