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Miles Archer

(18,837 posts)
Thu Feb 14, 2019, 07:01 PM Feb 2019

"Plans for the two hotel chains, Scion and American Idea, are to be shelved indefinitely"

Blaming Political Climate, Trumps Give Up on New Hotels



This unfinished hotel in Mississippi was to be the first property in the Trump Organization’s planned Scion chain.

In the early months of the Trump administration, with the president no longer running his family business, his eldest sons embarked on a plan to roll out two new hotel lines in dozens of American cities. It reflected the ambitions of “the next generation of the company,” President Trump’s son Eric said at the time.

Now, in a striking reversal, the Trump Organization is no longer pursuing the signature initiative, according to company officials.

Plans for the two hotel chains, Scion and American Idea, are to be shelved indefinitely, most likely for the remainder of the presidency. As a practical matter, that means calling off just one agreement, in Mississipppi, though two years ago the Trump Organization said it had as many as 30 potential deals in the pipeline.

The retrenchment comes as the company faces growing scrutiny from federal prosecutors and congressional investigators, and as a former employee, Michael D. Cohen, heads to prison for multiple crimes. With Democrats now in control of the House of Representatives, any new hotel deals could have provided investigative fodder for critics of the president.

“We live in a climate where everything will be used against us, whether by the fake news or by Democrats who are only interested in presidential harassment and wasting everyone’s time, barraging us with nonsense letters,” Eric Trump said in a statement. “We already have the greatest properties in the world and if we have to slow down our growth for the time being, we are happy to do it.”

“We live in a climate where everything will be used against us,” said Eric Trump, left, with his brother Donald Trump Jr.


30 replies = new reply since forum marked as read
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"Plans for the two hotel chains, Scion and American Idea, are to be shelved indefinitely" (Original Post) Miles Archer Feb 2019 OP
LOSERS, idiots mshasta Feb 2019 #1
"We would have gotten away with it, Lindsay Feb 2019 #2
Chinless wonders again prove their incompetence jls4561 Feb 2019 #3
Gotta blame somebody for your own incompetence, I guess gratuitous Feb 2019 #4
Eric and Jr., out standing in their field underpants Feb 2019 #5
*snicker* Nevilledog Feb 2019 #25
DUzy!!! 2naSalit Feb 2019 #27
And is that pinhead seriously wearing brown shoes with a blue suit? kmla Feb 2019 #29
Jr? underpants Feb 2019 #30
Honestly, who would stay there? blur256 Feb 2019 #6
It's hideous and tacky. smirkymonkey Feb 2019 #13
Boy are they going to be surprised when the D.C. hotel becomes a deserted wasteland tanyev Feb 2019 #7
I'd like to see Treasury seize the OPO building from Tump's assets The Truth Is Here Feb 2019 #15
I'd like to see the million-plus dollars the Trump Organization skimmed from donations Tanuki Feb 2019 #24
Womp womp Gothmog Feb 2019 #8
Such idiots Corgigal Feb 2019 #9
It's hard to run hotels wryter2000 Feb 2019 #10
The problem is obvious! yortsed snacilbuper Feb 2019 #11
A real life photo of Beavis and Butthead. lpbk2713 Feb 2019 #14
Good gawd... 2naSalit Feb 2019 #28
The Trump name is becoming radioactive. The Velveteen Ocelot Feb 2019 #12
Looks like a county jail. MineralMan Feb 2019 #16
If this news is what I think it is, I love it !!! nt Apollyonus Feb 2019 #17
Some Mississippi MAGAT with formerly deep pockets got burned. Blue_true Feb 2019 #18
Mississippi businessmen Dinesh and Suresh Chawla. SMC22307 Feb 2019 #19
I bet the Chawlas and the town got left holding the bag. nt Blue_true Feb 2019 #20
Yep, it's the Trump way. (n/t) SMC22307 Feb 2019 #21
WHAT??? ARE YOU TELLING ME THAN AN ERIC & DON JR. BUSINESS VENTURE HAS bullwinkle428 Feb 2019 #22
Presidential harassment? Gothmog Feb 2019 #23
In case anyone's interested in what these hotels are about nolabear Feb 2019 #26

gratuitous

(82,849 posts)
4. Gotta blame somebody for your own incompetence, I guess
Thu Feb 14, 2019, 07:14 PM
Feb 2019

Fake news and Democrats are as good a scapegoat as any.

Hey Junior! How are the wife and kids?

kmla

(4,047 posts)
29. And is that pinhead seriously wearing brown shoes with a blue suit?
Fri Feb 15, 2019, 10:49 AM
Feb 2019

That's considered business tacky, on a plaid shirt/striped pants level.

Just sayin'.

underpants

(183,043 posts)
30. Jr?
Fri Feb 15, 2019, 11:04 AM
Feb 2019

Yeah brown/tan tasseled loafers. In a suit (without a tie) that’s a no go in my book. Polished brown shoes ???? Maybe but it needs a tie.

I have in brown shoes (boots actually) with a blue shirt today but I’m bus. casual.

blur256

(979 posts)
6. Honestly, who would stay there?
Thu Feb 14, 2019, 07:24 PM
Feb 2019

It looks like an overpriced holiday inn... And I think holiday inns are overpriced!

tanyev

(42,677 posts)
7. Boy are they going to be surprised when the D.C. hotel becomes a deserted wasteland
Thu Feb 14, 2019, 07:27 PM
Feb 2019

the second Daddy leaves office. Thoughts and prayers.

 

The Truth Is Here

(354 posts)
15. I'd like to see Treasury seize the OPO building from Tump's assets
Thu Feb 14, 2019, 08:41 PM
Feb 2019

and put it back in public, with all renovations and removal of Trump name paid for by Trump's remaining and nearly nonexistent assets.

Tanuki

(14,931 posts)
24. I'd like to see the million-plus dollars the Trump Organization skimmed from donations
Fri Feb 15, 2019, 10:08 AM
Feb 2019

people made to Eric Trump's "charity," expecting it would go to St.Judes hospital to care for and research cures for children with cancer, put back in the hands of the intended recipients for the intended purpose.

The Velveteen Ocelot

(116,004 posts)
12. The Trump name is becoming radioactive.
Thu Feb 14, 2019, 08:28 PM
Feb 2019

Last edited Thu Feb 14, 2019, 09:01 PM - Edit history (1)

It will be like trying to sell a product named "Mother Hitler's Oatmeal Cookies."

SMC22307

(8,090 posts)
19. Mississippi businessmen Dinesh and Suresh Chawla.
Thu Feb 14, 2019, 09:47 PM
Feb 2019
The Chawlas, who own 18 hotels in Mississippi, planned to develop the hotels while the Trumps would brand and manage them.



Several residents of Cleveland supported the Scion hotel development, believing it will lead to additional jobs and revenue for the town, but others said they wouldn't be able to afford to stay at the four-star hotel.

https://www.clarionledger.com/story/news/2019/02/14/trump-organization-shelves-mississippi-delta-hotel-projects-over-politics-report/2875006002/


It's all about the Benjamins.

bullwinkle428

(20,631 posts)
22. WHAT??? ARE YOU TELLING ME THAN AN ERIC & DON JR. BUSINESS VENTURE HAS
Thu Feb 14, 2019, 10:02 PM
Feb 2019

TURNED INTO IN A COMPLETE DUMPSTER FIRE???

How much do you all want to bet that a whole bunch of contractors got screwed out of boatloads of $$$ in this pull-out?

nolabear

(42,007 posts)
26. In case anyone's interested in what these hotels are about
Fri Feb 15, 2019, 10:27 AM
Feb 2019

They’re actually useful additions to an area that needs them. They’re in the Clarksdale area, which has the best Mississippi blues festivals in the world. I’ve been to several and it’s miserable finding a place to stay when thousands of people from all over the world show up. The area has some amazing venues for music that directly feed into the otherwise pretty depressed local economy.

It’s also true that Indian Americans own quite a chunk of the hotel business in Mississippi and elsewhere. It’s a niche they seem to thrive in.

I don’t believe that “political atmosphere” story for a minute. Or maybe I do. There might be truth to the “Oh HELL no i’m not staying in his hotel” among the people likely to use them. I hope so.

On edit: I think they’re still finishing them btw. The Mini-Monsters are just pulling out.

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