It just got more expensive to share a resort with the president.
The Trump Organization’s premiere Florida property, The Mar-a-Lago Club in Palm Beach, has doubled its initiation fee for new members to $200,000, according to CNBC sources.
CNBC notes that there’s no way to know if the price increase is due to rising demand for memberships, but there’s no doubt the club has enjoyed a higher profile as of late. The changes went into effect January 1.
President Donald Trump visited the club multiple times as both candidate and president-elect. He will use the resort as his winter White House, read more >>>
Source : BusinessInsider.Com