trumptoronto
Active Member
Well, from what I've heard of occupancy rates, no one wants to stay there, anyway.
The only thing useful I've seen TRUM do for this particular corner of Downtown is attract the odd Ferrari.
Occupancy rates have been just fine and in-line with expectations for a recently opened hotel. And in fact there have been sold-out nights over the past few months. What you have read in The Star or elsewhere were based upon purchasers who received their statements after the hotel had only been open for 3 months during a soft-opening phase, while construction was still ongoing (and obviously, discounted rates because of that). No hotel ever opens with full occupancy and full rack rates when it opens its doors for the first time. It usually takes 2-3 years at minimum to achieve stable occupancy level and rates.
And yes, I too hope that the P is put in place, the lightline is made fully functioning and that the final repairs will be completed soon!
The fact that the hotel has held the #1 spot on Tripadvisor.com for nearly a year now shows that the hotel has obviously been doing something right!