Oops:
"Former President Donald Trump's business empire lost significant revenue during the pandemic, as the virus and the failed response to it cost his own interests money, according to a financial disclosure document released after he left office Wednesday.
Most of his core golf and hotel properties saw steep declines as the virus and lockdown restrictions kept consumers home and suspended discretionary travel.
Compared to his disclosure from the year prior, revenues at the Trump National Doral Miami golf course in Florida declined from $77 million to $44 million. Trump's Turnberry golf club in Scotland saw revenues fall from $25 million to just under $10 million.
Revenues also declined from $40.5 million to $15 million at Trump's hotel at the leased Old Post Office location in Washington, D.C.
Total revenue fell at the Trump International Hotel & Tower Chicago hotel-condo last year, with hotel management fees tumbling from nearly $2 million to about half a million, and condo management fees rising slightly.
Business increased in some red state locations, such as his golf club in Charlotte, North Carolina, where revenues rose from $12 million to $13 million. Revenues at Mar-a-Lago, his private club in Florida and new residence, rose $3 million.
But overall, the net impact was negative, with Trump's declared revenue falling from a reported $445 million to $278 million."
That will make your lenders happy!
"Former President Donald Trump's business empire lost significant revenue during the pandemic, as the virus and the failed response to it cost his own interests money, according to a financial disclosure document released after he left office Wednesday.
Most of his core golf and hotel properties saw steep declines as the virus and lockdown restrictions kept consumers home and suspended discretionary travel.
Compared to his disclosure from the year prior, revenues at the Trump National Doral Miami golf course in Florida declined from $77 million to $44 million. Trump's Turnberry golf club in Scotland saw revenues fall from $25 million to just under $10 million.
Revenues also declined from $40.5 million to $15 million at Trump's hotel at the leased Old Post Office location in Washington, D.C.
Total revenue fell at the Trump International Hotel & Tower Chicago hotel-condo last year, with hotel management fees tumbling from nearly $2 million to about half a million, and condo management fees rising slightly.
Business increased in some red state locations, such as his golf club in Charlotte, North Carolina, where revenues rose from $12 million to $13 million. Revenues at Mar-a-Lago, his private club in Florida and new residence, rose $3 million.
But overall, the net impact was negative, with Trump's declared revenue falling from a reported $445 million to $278 million."
That will make your lenders happy!
