Trump SoHo Planning Layoffs as Room Rates Sink: Report
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WNYC cited sources and documents it had reviewed to state that the hotel’s conference and event bookings were down by almost two-thirds in the first five months of this year over last.
Room rates are sinking at the five-star Trump SoHo hotel, and up to 15 percent of the housekeeping staff may be laid off soon amid a post-election slump, WNYC reported Wednesday.
Citing sources and documents it reviewed, the radio station said the hotel's conference and event bookings had declined by almost two-thirds in the first five months of this year over last.
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See the full listing with River 2 River Realty here.
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See the full listing with River 2 River Realty here.
A popular restaurant closed earlier than planned, and room rates are now hundreds of dollars less than other five-star hotels in town. WNYC, citing two sources familiar with the hotel's plans, said up to 12 people from the 80-strong housekeeping staff may be laid off soon.
