Rooms at Trump hotels have dropped by up to 66 per cent since President Trump took office, according to new research.

Travel money provider FairFX compared January 2018 prices for a two-night stay in a variety of rooms at Trump hotels across the world with the same stay in January 2017 – marking a year since Donald Trump was inaugurated as President of the United States.

The average price of a luxury room has dropped by 25 per cent, while cheaper rooms have decreased by 35 per cent on average.

Of the 13 hotels and resorts that were analysed, 11 are offering luxury rooms for less than last year.

The biggest price drop can be found at Trump Panama, where an executive one-bedroom suite costs £903 for two nights in January 2018. The same room cost £3,129 this time last year – a difference of £2,226, or 71 per cent.

Trump Las Vegas has also fared badly over the past 12 months; the most inexpensive room is being sold for £218 for two nights in January 2018. This is over £400 cheaper than the same room this time last year – a 66 per cent reduction.

And in Miami, Florida, Trump Doral is more than 50 per cent cheaper this January, with a deluxe room costing £729 for two nights, £397 less than last year.

However, not all of the hotel rooms analysed have decreased, with two costing more than in 2017. In Ireland’s Trump Doonbeg, the price of a classic links room has risen by £23, or 7 per cent.

Scotland’s Trump Turnberry, meanwhile, has seen the price of a deluxe king room increase by £22 – 4 per cent – since Donald Trump took his seat in the White House.

“When it comes to holidays timing is everything, and just one year after Trump’s inauguration, prices for a weekend in one of his hotels have for the most part decreased,” said Ian Strafford-Taylor, CEO of FairFX.

“Whilst the big events, like the inauguration in Washington, will usually cause prices to rise in that city for a particular weekend, the decreases in other places suggest that it doesn’t necessarily pay to be presidential.