General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump's Scotland golf course lost $4.5 million in 2017, new report says
President Trumps Turnberry golf course in Scotland one of Trumps largest investments and the site of a presidential visit this summer lost $4.5 million in 2017, its fourth consecutive year in the red.
That loss was detailed in documents filed by the Trump Organization with the British government, and posted online Thursday.
They showed that, in the three years after Trump bought the iconic Scottish golf club, Turnberry was a sinkhole for cash. In all, Trump has spent at least $212 million on the property $67 million to buy it and an additional $144 million to renovate it and sustain its ongoing losses.
The figures from Turnberry were another sign that Trumps businesses have suffered during his presidency as his rise as a polarizing political figure has alienated the rich, urban customers whom his hotels and golf courses seek to attract.
https://www.washingtonpost.com/politics/trumps-scotland-resort-lost-45-million-in-2017-new-report-says/2018/10/04/3821aa66-c71b-11e8-b2b5-79270f9cce17_story.html?utm_term=.10b93e37b716
smirkymonkey
(63,221 posts)He's been such a bastard to them. Miserable Bawbag!
riversedge
(70,242 posts)PA Democrat
(13,225 posts)He has lost a cumulative $8.8 million since he acquired the property in 2014.
https://www.mercurynews.com/2018/01/02/trumps-irish-resort-loses-money-for-third-consecutive-year/
When I was in Ireland in August everyone asked us about our opinions of Trump and they were relieved when we told them we didn't vote for him and considered him to be a national embarrassment.