Donald Trump’s Scottish golf resort posts losses over £1m for eighth year in row

ONE of Donald Trump’s golf resorts in Scotland has posted a loss of more than £1million for the eighth year in a row.

The below par performance is revealed in accounts filed to Companies House.

AP:Associated Press

One of Donald Trump’s golf resorts in Scotland has posted a loss of more than £1million for the eighth year in a row[/caption]

They show The Trump International Golf Links in Aberdeenshire made a loss of £1,103,248 for 2019.

The outgoing US President, 74, opened the resort in 2012 following a battle with environmental campaigners.

His son Eric reported: “The severity of the impact (of coronavirus) on the golf, leisure and hospitality industry is unprecedented and was not foreseen at the beginning of the pandemic.”

“The directors believe the resort’s profitability will be positively impacted in the long-term as a result of operational adjustments enacted to address these risks.”

Reuters

Trump practices his swing at the 13th tee of his new Trump International Golf Links course on the Menie Estate near Aberdeen[/caption]

Reuters

Eric reported: ‘The severity of the impact (of coronavirus) on the golf, leisure and hospitality industry is unprecedented and was not foreseen at the beginning of the pandemic’[/caption]

The company added that “Trump International continues to rise in the world golf rankings and plays an important part in the global Trump portfolio.”

The president’s other golf resort at Turnberry, Ayrshire made a loss of £10.7million for 2018.

Its results for 2019 have not yet been published.

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