US

Trump hotel and resort properties saw mixed income fortunes in 2019


President Trump’s hotels and golf courses made roughly the same in 2019 as in the previous year, new self-reported revenue disclosures show.

At some properties, revenue was a little higher than in 2018 — including his most successful, the Trump National Doral golf resort in Miami, which took in $77.2 million compared to just under $76 million earned in 2018, Politico reported.

The president’s golf club in Bedminister, NJ, where he frequently spends summer weekends, reported a 13 percent increase; his clubs in Jupiter, Fla. and Charlotte, N.C. also saw jumps in revenue last year.

Revenue stayed essentially the same at the Trump International Hotel in Washington, at $40.5 million compared to $40.8 million the previous year.

But at Mar-a-Lago, the so-called Winter White House, revenue dipped to $21.4 million, a 5 percent drop from the $22.6 million the property earned in 2018.

The revenues don’t reflect the big hit that the hotel and resort industry sustained this year due to the coronavirus pandemic.

Tags

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Close