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TexasTowelie

(111,935 posts)
Thu Feb 16, 2017, 05:15 AM Feb 2017

Trump family sets sights on Austin for brand-new hotel chain

Let the protests begin: The Trump family is eyeing Austin for one of its new Scion-branded hotels.

The New York Times
quotes Eric Trump, the middle son of President Donald Trump, as saying the Trump Organization hopes to build Scion hotels, a lower-price alternative to the upscale Trump International Hotel chain, in large to midsize “trendy” cities like Austin; Charlotte, North Carolina; and Nashville.

After winning the race for the White House, Donald Trump turned over the reins of his real estate empire — including the hotel business — to sons Donald Jr. and Eric. The president still retains an ownership stake in the Trump family businesses.

Austin Mayor Steve Adler isn’t exactly welcoming the possibility of a Trump project with open arms. In a statement to The Huffington Post, Adler said, “This isn’t surprising because Austin is the best city in America to start a business, but I’m not sure the way we do things in Austin is aligned with the Trump brand.”

Read more: http://austin.culturemap.com/news/real-estate/02-15-17-trump-family-austin-hotel/

7 replies = new reply since forum marked as read
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Trump family sets sights on Austin for brand-new hotel chain (Original Post) TexasTowelie Feb 2017 OP
Newsflash: There aren't enough Trump supporters to keep those hotels profitable. tanyev Feb 2017 #1
In Texas? Shell_Seas Feb 2017 #2
In Austin? tanyev Feb 2017 #3
I live in DFW. Shell_Seas Feb 2017 #4
I'm not saying they'd have empty rooms 24/7. tanyev Feb 2017 #5
The locals don't stay in hotels. Hangingon Feb 2017 #6
They are so clueless Shell_Seas Feb 2017 #7

tanyev

(42,516 posts)
1. Newsflash: There aren't enough Trump supporters to keep those hotels profitable.
Thu Feb 16, 2017, 08:49 AM
Feb 2017

But, hey, if they need to learn that the hard way, who am I to complain?

tanyev

(42,516 posts)
3. In Austin?
Thu Feb 16, 2017, 09:53 AM
Feb 2017

Not a big tourist destination for the RW crowd. The state legislature regular session only happens every other year.

tanyev

(42,516 posts)
5. I'm not saying they'd have empty rooms 24/7.
Thu Feb 16, 2017, 11:00 AM
Feb 2017

But it's a tough industry, with high startup costs, lots of competition, and quite a bit of inherent risk. I happen to think the moment in time when your brand is so toxic that you've alienated 50-60% of your potential customers is a bad time to plan an expansion.

Hangingon

(3,071 posts)
6. The locals don't stay in hotels.
Thu Feb 16, 2017, 12:15 PM
Feb 2017

Austin is th e state capitol and lots of red county people come for state business. The hotels will do okay.

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