Trump’s DC hotel has lower occupancy and higher rates compared to competition: Report

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President Trump’s hotel in Washington, D.C., has a below-average occupancy rate with a hefty price tag compared to its competitors, according to a new report.

The Trump International Hotel, which opened just before the 2016 election and sits a few short blocks away from the White House, averaged an occupancy rate of about 50 percent a month during its first year of business, CNN reported Saturday.

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