Donald Trump's Hospitality Venues Including His Resort In Ireland Have Been Hit Hard By COVID-19 Pandemic
Donald Trump's last financial disclosure form as US president revealed that his hospitality venues, including his resort in Ireland, have been hit hard by the COVID-19 pandemic.
As reported by The Irish Examiner, revenues at Trump's golf course properties in Ireland, where he owns the Trump International Golf Links & Hotel resort in Doonbeg, Co. Clare, and the UK have declined by approximately two thirds due to the impact of the pandemic. This decline is part of a 27% overall decline in golfing revenue from 2019.
The disclosure also revealed that revenue from the Trump International Hotel in Washington, DC, declined to $15.1 million last year from $40.5 million a year earlier; hotel-related sales in Las Vegas declined to $9.2 million last year from $23.3 million a year earlier; and revenues at the Doral Golf Resort in Miami declined to $44 million last year from $77 million a year earlier.
Meanwhile, revenue at Trump's Mar-a-Lago venue in Florida increased by 13% to $24.2 million last year.
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