{"id":205092,"date":"2025-10-16T21:47:10","date_gmt":"2025-10-16T21:47:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/205092\/"},"modified":"2025-10-16T21:47:10","modified_gmt":"2025-10-16T21:47:10","slug":"donald-trumps-scottish-golf-courses-record-losses-for-13th-consecutive-year","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/205092\/","title":{"rendered":"Donald Trump&#8217;s Scottish golf courses record losses for 13th consecutive year"},"content":{"rendered":"<p>\n  Revenue at Trump Turnberry in Ayrshire rose 15% to \u00a324.2 million, with operating profit doubling to \u00a32.3 million, the 2024 accounts show.\n<\/p>\n<p>\n  However, a depreciation charge of \u00a32.9 million saw the <a href=\"https:\/\/www.thenational.scot\/topics\/business\/?ref=au\" target=\"_blank\" rel=\"nofollow noopener\">business<\/a> book a pre-tax loss of \u00a3631,779.\n<\/p>\n<p>\n  There was also a 22% increase in revenue at Trump International golf course in Aberdeenshire to \u00a34.5 million, but there was still a loss there of \u00a3937,693.\n<\/p>\n<p>\n  READ MORE: <a href=\"https:\/\/www.thenational.scot\/news\/25545749.douglas-ross-furious-scottish-secretary-snubs-invite-holyrood\/?ref=ed_direct\" target=\"_blank\" rel=\"nofollow noopener\">Douglas Ross furious as Scottish Secretary snubs invite to Holyrood<\/a>\n<\/p>\n<p>\n  The losses were an improvement on 2023, with Turnberry recording a loss of \u00a31.7 million that year and Trump International a loss of \u00a31.4 million.\n<\/p>\n<p>\n  In his report on Turnberry, Eric Trump, 41, said the revenue increase was driven by luxury travel groups and leisure visitors to the coastal hotel and spa, while the golf business, where rates can top \u00a31000 for a round, \u201coutperformed\u201d.\n<\/p>\n<p>\n  He said: \u201cOwnership remains steadfastly committed to their vision for the property and confidently foresees a positive fiscal improvement as the investment activities flow through in the medium and longer term.\u201d\n<\/p>\n<p>\n  Trump visited the Aberdeenshire site in July to open a new course there.\n<\/p>\n<p>\n  The first Trump Aberdeenshire course opened in 2012 following a long and often controversial planning process with local opposition centred around the impact on the landscape.\n<\/p>\n<p>\n  <img   style=\"width: 100%;\"\/><\/p>\n<p>\n  Trump bought Turnberry in 2014 from the Dubai-based Leisurecorp in a deal which was reported to be worth around $60 million at the time.\n<\/p>\n<p>\n  The Open was last held on the Ailsa course in 2009 with Stewart Cink narrowly holding off a challenge from Tom Watson.\n<\/p>\n<p>\n  A petition against Turnberry hosting The Open in the future attracted more than 56,000 signatures in July.\n<\/p>\n<p>\n  READ MORE: <a href=\"https:\/\/www.thenational.scot\/news\/25544819.call-mi5-probe-elon-musk-funding-tommy-robinson-legal-fees\/?ref=ed_direct\" target=\"_blank\" rel=\"nofollow noopener\">Call for MI5 probe into Elon Musk &#8216;funding&#8217; Tommy Robinson legal fees<\/a>\n<\/p>\n<p>\n  Despite having been launched in May, it picked up a head of steam when Trump visited Scotland.\n<\/p>\n<p>\n  R&amp;A officials have met with Eric <a href=\"https:\/\/www.thenational.scot\/news\/25318723.trump-organisation-hold-talks-discuss-turnberry-hosting-open\/\" target=\"_blank\" rel=\"nofollow noopener\">to discuss the major returning to Turnberry<\/a>.\n<\/p>\n<p>\n  R&amp;A chief executive Mark Darbon has said there are &#8220;big logistical issues&#8221; with the tournament being held at the venue with the number of spectators having spiked considerably in recent years.\n<\/p>\n<p>\n  Sarah Malone, the executive vice president at Trump International Scotland, said: \u201cTrump Turnberry and Trump International Scotland saw substantial revenue growth across all income streams in 2024 and attained their highest ever annual turnovers.\n<\/p>\n<p>\n  &#8220;Both businesses have also benefited from major capital investments to further expand and enhance their top-world-ranked golf courses and leisure facilities.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Revenue at Trump Turnberry in Ayrshire rose 15% to \u00a324.2 million, with operating profit doubling to \u00a32.3 million,&hellip;\n","protected":false},"author":2,"featured_media":205093,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[5904,101,56,54,55],"class_list":{"0":"post-205092","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-golf","8":"tag-golf","9":"tag-sports","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/205092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=205092"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/205092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/205093"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=205092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=205092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=205092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}