Home Videos Photos Shop
PerezHilton CocoPerez Usher Taylor Swift Justin Bieber Selena G. PerezTV

Donald Trump's SoHo Hotel Planning Layoffs Amid Post-Election Business Slump! Sad!

| Filed under: Donald TrumpSad SadBusiness Blitz

no title

Donald Trump always knew becoming president would affect his businesses — but we can't imagine this is what he had in mind.

Trump SoHo was once a Manhattan hot-spot frequently populated by celebrities, limos, and spellbound tourists wishing they could afford a $700 room at the five-star hotel.

But a lot's changed during the five months into Trump's presidency — and surprise, surprise — the once poppin' hotel is now more abandoned than Hillary Clinton's stage on election night!

Today, weary travelers can snag a room for less that $400 a night. The once-busy Koi restaurant on the ground floor has left the hotel a month earlier than planned, citing a post-election slump.

Video: Stephen Colbert Stages A Twittervention For Trump

Business is SO dismal, in fact, the hotel is planning to layoff a good portion of its staff! According to WNYC, managers are preparing to lay off 12 room attendants out of a staff of 80 and plan to eliminate turn-down service. Sad!

Bookings for corporate events have also sharply declined; last year, the hotel booked 29 large company events between January - May, while this year's number dwindled to just 11 events.

Though the SoHo hotel may be failing, Trump's branded properties further down the coast have seen a positive spike since January.

Photo: Pope Francis Isn't A Huge Fan Of Trump!

Room rates are rising at Trump International Hotel in Washington, which has become something of a networking hot-spot for people in DC. Trump's Mar-a-Lago resort-hotel in Florida has even doubled its membership fees, despite reports of gates to hell sinkholes opening up.

A Trump organization rep didn't give specifics on the (failing!) Trump SoHo, but the spokesperson brushed off any looming threat of downsizing in a statement:

"As is typical in the hospitality industry, hotel rates and occupancy fluctuate due to factors such as seasonality and macro-economic forces….The hotel continues to receive top accolades."

The hotel is well liked and has received a certificate of excellence from TripAdvisor. So, you better book now while rates are cheap AF!

Tags: , , , , ,

The Biggest Kardashian/Jenner Business Fails!
When Movie Magic Turns Tragic -- A History Of Film Set Deaths
10 Celebs Accused Of Cocaine Use!
Things Donald Trump Has Said About Women
Celebs Who've Taken Their Donald Trump Hate To Very Violent Places!
These Nightmare Bachelorette Party Stories Are Just Awful!