Trump Hotels: SWOT Analysis Of Donald Trump Towers

Mr. Trump is commonly known because he isn't just some politician. He is an extremely successful businessman who has happened to be running for president. Trump has very high class 5 star hotels in new york city. He also has golf courses, buildings, and offices all around the world. He is worth 4.5 billion dollars. “ Trump is the very definition of a success story”

Throughout Donald's life success was not easy for him or his businesses. The Trump organization revealed that it was 5$ billion in debt in 1990, with as much as 1$ billion spent by Donald Personally. With all the casinos, hotels, and cars Trump had to create a bailout system that would allow him to take out two to three mortgages on most of properties. Unsurprisingly Donald Trump filed for bankruptcy four times. Although he was in the hole, he was able to get himself out and with that I think that he wouldn't have been able to make any crucial business decisions without the help of many bankers and lawyers but also the use of a free enterprise system.

As a businessman he owns more than two. Trump owns a real Estate, Hotels, Golf Courses, and Casinos. He had sold some of the most expensive houses in America. He owns 17 different Golf Courses. You can find his hotels in Illinois, Nevada, Florida, New York, and Hawaii. He managed a climb back from a 900 million det and reached 2 billion. He also developed a Eastern Airline in 1989.

Trump’s problem is not so much what he’s done, but how he’s done it. I decided at the start that I wanted to profile him by describing his deals — not his lifestyle or his personality. After getting to know him, I realized that his deals are his life. He once told me: “I won’t make a deal just to make a profit. It has to have flair.” Another Manhattan developer said it differently: “Trump won’t do a deal unless there’s something extra — a kind of moral larceny — in it. He’s not satisfied with a profit. He has to take something more. Otherwise, there’s no thrill.”

Trump may be known for his wealth but many aspects has shown that he is definitely bad in business. As president, being good in business is one of the key aspects to succeed, because you have to handle the whole nation’s financial matters. Trump boasted that he earned his own money, but he isn’t like Bill Gates or Mark Zuckerberg, who are self-made billionaires who were innovators in their fields. Instead, Trump’s wealth is inherited from his father. Almost all his best-known successes are deducible to family ties or money given to him by his

Donald Trump is a very successful business man that is just trying his hand in politics this election. He was born in Queens, New York on the fourteenth of June in 1946 and later graduated business school at the Warton School of Finance. Other than the acting chairman and president of his own organization, Trump has become a successful author of over 15 bestselling books including “The Art of the Deal.” He is also an Emmy nominee for his show “The Apprentice” which coined the phrase “you’re fired!”(“About Donald J. Trump”). Though he may not have much governing experience, he sure has gotten a lot

He was involved in a profitable building project in Manhattan, New York. This made him the city’s best known developer. He formed a publicly traded company, Trump Hotels and Casino Resorts, which helped protect him from personal liability, but never had a profitable year. By 2004, it was in bankruptcy. Trump stared on the reality show “The Apprentice”. This game put book smarts against street smarts.

He became involved in large building projects and gained many opportunities for high profits. When the Pennsylvania Central Railroad entered bankruptcy, Trump maintained land on the West Side of Manhattan. Building apartments in the area would have been unfeasible. Therefore, Trump promoted the property for a city convention center. His offer was turned down. In 1975, Trump got out of his economic rut by signing a partnership agreement with the Hyatt Hotel Co. After the agreement was finalized, Trump worked out a complex deal in a downtown location and won the company a 40-year tax abatement. After arranging the company’s financing, renaming it the Grand Hyatt, and renovating the building, the company had became an economic success. In the process, the project made Trump the city’s best known and most controversial real-estate developer. (“Donald Trump

Donald Trump is not a leader but he does know how to manage finances and a plethora of buildings. The only thing that glorifies Trump as a powerful man is his money; he uses his money to win his votes and his followers. What has Donald Trump really done? Nothing. This man is an absolute joke and America will just become even more corrupt if he gets into office. He will not try to help with the money crisis America is already in; as a matter of fact he will only make it worse by adding tons of money to already America’s debt. Trump is worth four billion dollars and many Americans believe his presidency will be good for the economy. Actually, if Trump gets elected, his presidency would be bad for the

Trump Tower occupies the former site of the architecturally significant Bonwit Teller flagship store, demolished

The issue that has developed more openly in the media is whether or not President Elect Trump should or shouldn’t sever his business ties. Those that are for him severing his ties say that these businesses could prove as a distraction to his presidency. If nothing else they could influence his actions as president to improve his own wellbeing while keeping the interest of the nation out of the picture. The other side of the argument believe that it doesn’t matter if he keeps them or not as no other president was being pushed so hard to remove their assets out of their own control. Even though he has chosen to do so it still will take time for this transition to take place and really doesn’t matter as he could be halfway through his presidency

"Donald did not invent the rules. But as long as they existed, he knew he had to play by them if he expected to accomplish anything" (Tucculle, 1986, p.89). When the Pennsylvania Central Railroad entered bankruptcy; opportunity presented itself in a major way. Trump was able to obtain an option on the railroad yards on the west side of Manhattan (Tuccuille, 1986, p.92). When initial plans for apartments proved unfeasible because of a poor economic climate, Trump promoted the property as the location of a city convention center, and the city

Trump believes America is bankrupt, and America needs a successful businessman to improve the country. Trump says he wins and wins and wins. However, Donald Trump is not a success; Donald Trump is not a rags-to-riches story. Donald Trump has incurred a plethora of business failures. For example, Trump Vodka, Trump Airlines, Trump Ice, Trump Magazine, Trump University, Trump Mortgage, and Trump Casinos all failed (“Top 10 Donald Trump Failures” 1). How can Donald Trump expect to bring so many wins to America when Trump has had so many failures? Similarly, Donald Trump has faced several bankruptcies. Trump’s Taj Mahal declared bankruptcy after racking up three billion dollars of debt. Trump’s Plaza Hotel declared bankruptcy after racking 550 million dollars of debt. Trump’s Hotels and Casinos declared bankruptcy after racking up two billion dollars of debt (Swanson, pars. 1-7). Unfortunately, if Donald Trump becomes president and bankrupts America, America can’t just declare bankruptcy and fire him. In a time when the United States is 19 trillion dollars in debt, America does not need someone who creates more mountains of debt. Next, Donald Trump believes he is self-made. However, Donald Trump started off with a one million dollar loan from his dad. One million dollars then is equivalent to six million dollars today. Donald Trump also received a share of his dad’s successful estate business; Donald Trump’s estimated share of the company was 40 million dollars. A decade later, Trump’s net worth was estimated to be 200 million dollars because of share in his dad’s successful estate business. Presently, Donald Trump has an estimated net worth of 3 billion dollars. Donald Trump says this is proof of his success. Except, according to Forbes, “If Donald Trump had put his $200 million in a mutual fund, he would be worth $8 billion today” (Carter 1). Unfortunately, Donald

He is well known for his Trump Hotels, and many people believe these hotels can lead him to breaking the emoluments clause. When he went into office, he told the public some things he would do to resolve it from causing a conflict of interest, “The president-elect will shift his assets into a trust managed by his sons and other Trump executives and give up management of his private company and resign from all official positions within it, Trump’s companies will make “no new foreign deals whatsoever” during Trump’s presidency, any new domestic deals will need the approval of an independent ethics adviser, and profits from foreign government officials staying at Trump hotels will be donated to the US treasury” (2). Now obviously this is just the word of mouth, which isn't always the most convincing, but so far there is no evidence to show that he has gone against his word yet. Donald still owns 65% of his company, but with giving his management over to his sons, they will have the power to make decisions, and we won't know if Trump was involved with decisions unless he came out and told the public directly that he was. One of Trump’s advisors, Sheri Dillon, said that he and Trump will “take all steps realistically possible to make it clear that he is not exploiting the office the presidency for his personal benefit” (2). The CREW organization on the other hand believes that if he owns the hotel and is receiving money payments from people of foreign governments, then he is violating the emoluments clause. This is a “far-reaching interpretation” (1) and Trump’s lawyers interpret the clause “in which fair-market transactions simply don’t count” (1). So far, CREW’s case is based off assumptions that the president is gaining some sort of gift by receiving the money, but the guests are just paying hotel rates for a place to stay. Like stated before, Trump said that if

Donald Trump is known for his erraticism and exceptional businesses practices. He shows an eccentric leadership style, which is portrayed by numerous qualities. One of these is the need for power. This is revealed by all the