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In February 2021, reports emerged that former U.S. President Donald Trump's Washington, D.C., hotel had drastically increased its room rates for March 4 — the date on which some conspiracy theorists believe he is to be inaugurated for the second time and begin his second term as president. On Feb. 7, Business Insider published an article with the headline Trump's DC hotel is hiking prices for March 4, the day QAnon followers think the former president will be sworn in. The article stated that: On Feb. 6, Forbes reported that: Those reports contained a high degree of accuracy. Room rates at Trump's Washington, D.C., hotel were indeed remarkably high for March 3 and 4, and that sudden spike was not replicated at other five-star hotels in the nation's capital, nor at other Trump hotels. It was not possible to confirm the reason for the two-day price hike, and the ex-president's hotel company did not respond to our enquiries. We recorded the price of the most basic accommodation available at Trump's hotel between Feb. 28 and March 7, 2021, for one person for one night, and compared it with comparable accommodation at three other five-star hotels in Washington, D.C.: Sofitel; the Four Seasons; and Conrad Washington. We used each hotel's own website, and recorded the data on Feb. 8, 2021. On the six days before and after March 3 and 4, the price of a night in a guest room at Trump's hotel ranged from $476 to $636. On Wednesday, March 3 and Thursday, March 4, the same room was priced at $1,331, as Forbes correctly reported. That's an overnight increase of 139% from the $556 charged for a guest on March 2, as shown below: On the following Wednesday and Thursday (March 10 and 11), the same room would cost $476. That massive, two-day spike was not at all a Washington-wide phenomenon. At Sofitel, the median (typical) cost of a superior room over the eight days was $249. On March 3 and 4, it was $258 — just 3.8% above the median. At the Four Seasons, the typical night cost $1,020, and on March 3 and 4 it was $1,255 and $1,170, respectively — 23% and 15% above average. And at Conrad Washington, the median cost of a deluxe room was $213, which was 31% and 22% below the rate on March 3 and 4, respectively. The rate of a slightly nicer room at Trump's hotel also spiked on March 3 and 4. Over the eight days in question, the median cost for a suite at the former president's hotel was $1,207. On March 3 and 4, it suddenly increased to $1,976 — which is 64% higher. The March 3 and 4 price hike was also not common to all Trump's hotels — it was specific to his Washington, D.C., establishment. At Trump's New York City hotel, a night in a guest room was priced at $540 on March 3 and 4 — the exact same rate as the five days surrounding those dates. In Trump's Chicago hotel, the same room cost $325 per night between Feb. 28 and March 4, rising slightly to $370 on March 5 and 6. So the sudden, drastic two-day increase in room rates at Trump's Washington D.C. hotel was real, significant, was not part of a wider trend among five-star hotels in the city, was not a regular Wednesday and Thursday event, and was not common to all Trump hotels. It therefore defies explanation, at least so far. Snopes asked Trump hotels to explain the anomaly, and invited the company to respond to speculation that it was motivated by a desire to take advantage of a possible influx into Washington, D.C., of Trump supporters who hold to the baseless conspiracy theory that Trump will be inaugurated again on March 4. We did not receive a response. If we receive any relevant, additional information or context, we will update this fact check accordingly.
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