Published Aug 10, 2016With the 41st annual Toronto International Film Festival just around the corner, the city's all booked up as Hollywood bigwigs prepare to party and schmooze. That said, there's one venue that probably won't be seeing a spike in sales over the festival season — the Trump Hotel.
According to The Wrap, the downtown highrise has taken a major hit on the business side of things thanks to the preposterous political campaign of its namesake.
An insider told the publication that interest in hosting events at the hotel has completely fallen off, while events that were already booked at the hotel have been moved elsewhere.
Similarly, caterers have also been backing out of prior agreements for events during TIFF.
Worst of all, it really just boils down to the Trump name. The Trump Hotel is not actually owned by Donald Trump. As with all Trump Hotels, its name is simply licensed from the maniacal mogul.