President Trump’s Washington hotel raised its room rate after Trump took office, according to documents obtained by The Wall Street Journal.
The documents reportedly show that the Trump International Hotel raised its room rates, resulting in an increase in revenue.
The average daily room rate in the Trump hotel was $660.28 from January to April, while similar hotels charged $495.91, according to the Journal.
The report said Trump International Hotel, which opened in October 2016 after a length renovation in the historic Old Post Office Pavilion, had originally projected that its daily room rate would be $416.
The higher rates helped lead to the hotel garnering roughly $18 million in revenue during the first four months of 2017.
The hotel made a profit of $1.97 million in 2017, according to The Washington Post.
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Trump D.C. hotel massively raised room rates after inauguration: report https://t.co/6b7o4zlinT pic.twitter.com/oUl4pAkww5
— The Hill (@thehill) August 12, 2017
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