Pulitzer-winning Washington Post reporter David Fahrenthold has spent months investigating President Donald Trump’s relationship with Saudi Arabia, and during an interview with MSNBC’s Chris Hayes this week, Fahrenthold explained how Saudi business is helping to keep the president’s hotels afloat.
> “Trump has been dealing with Saudi businessmen since back in the 1990s,” reporter David Fahrenthold said.
> A few years ago, the reporter noted, the country’s government bought a “big complex” of apartments near the United Nations offices in New York.
> While Trump’s hotels have “struggled to attract American customers, three of his biggest hotels have gotten big bumps in business from Saudi customers,” Fahrenthold said.
Trump’s hotels in Chicago, Washington, D.C. and New York have been visited by Saudis, and when they stayed, they spent lavishly.
> “Just one visit by some Saudis traveling with the crown prince [Mohammed bin Salman] earlier this year provided enough revenue, one visit, to boost the hotel’s revenue for that entire quarter,” the reporter added.
Due to Trump’s choice not to release his tax returns and the fact that the Trump Organization has not released any information about its business dealings with Saudis, Fahrenthold said the extent of the president’s financial ties to Saudi Arabia remain unclear.