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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsReport: Trump's Mar-a-Lago Resort Doubles Initiation Fee
The Trump Organization's Mar-a-Lago resort in Palm Beach, Florida, recently doubled its initiation fee after President Donald Trump indicated the members-only establishment would serve as his "Winter White House," according to reports that surfaced Wednesday.
Citing "people close to the Florida resort," CNBC reported that the initiation fee, which had been $100,000 since 2012 after being cut from $200,000, was lifted back to its former $200,000 price tag. This payment excludes thousands of dollars in annual dues.
Trump spent New Year's Eve at the Mar-a-Lago resort and has traveled there repeatedly since emerging from Election Day victorious. He tweeted earlier this month that he wrote at least part of his inaugural address at "the Winter White House, Mar-a-Lago."
Link to tweet
The sources cited by CNBC indicated the increase took effect on Jan. 1 and that the club "had been considering an increase for some time." But the adjustment is likely to fan the flames of those concerned the Trump Organization is ratcheting up prices to cash in on Trump's presidential status.
Representatives of the Mar-a-Lago resort did not immediately return a request for comment.
Read more:
http://www.usnews.com/news/articles/2017-01-25/report-donald-trumps-winter-white-house-mar-a-lago-resort-doubles-initiation-fee
C_U_L8R
(45,021 posts)This is simply out of control and beyond the pale.
Get this corrupt clown out of here !
unblock
(52,331 posts)gosh, and he seemed like such an upright person....
NewJeffCT
(56,829 posts)are going to be foreigners and corporate bigwigs looking to buy influence. Pay to Play
Tommy_Carcetti
(43,199 posts)tblue37
(65,490 posts)BeyondGeography
(39,382 posts)louis-t
(23,297 posts)But first, stop paying the dues for a couple years while using the facilities.