The Trump International Hotel in Washington, D.C. has profited nearly $2 million in 2017, according to newly released figures.
The Washington Post reported the hotel, which is located a few blocks from the White House, is exceeding expectations in its first full year in service.
The Post noted the Trump Organization thought the hotel would lose $2.1 million in the first four months of 2017. The data, however, shows the property has made a healthy profit to the tune of $1.97 million.
Citing documents from the General Services Administration, the Post noted guests have spent an average of $652.98 per night to stay at the hotel, which includes not only room fees but also expenditures at the hotel bar and restaurant. That figure beat the company’s goal by 57 percent.
The hotel has played host to countless people and groups from both inside and outside the Trump administration who needed