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Trump courses report £9 million loss

Donald Trump freeDonald Trump’s Scottish golf resorts lost more than £9 million last year despite an increase in sales and marketing activity.

The Trump Turnberry golf resort in Ayrshire made a loss of almost £8.4m.

Trump International Golf Club Scotland on the Menie Estate in Aberdeenshire lost £1m compared to a £1.1m loss in 2014. It reported a 7.4% rise in turnover to more than £3m.

Trump’s company said it was pleased with performance at the north east resort in light of the economic downturn caused by the oil price slump.

Eric Trump, son of the controversial US presidential candidate, said the resort had a “growing international reputation”.

Last year was the third golf season at the course and saw the completion of the permanent clubhouse. It also appointed a sales and marketing team.

Mr Trump junior said: “This vital capital investment in retail, food, beverage and other guest facilities immediately resulted in a five-star status being awarded, and enabled the business to introduce individual membership.

“The property now offers pay-and-play golf and membership opportunities which will provide a robust business model going forward and help maintain revenue amidst the current economic downturn.”

He said there would be further investment to expand and develop the resort which employs 95 staff.

Referring to the Turnberry course, he said: “The directors believe that the resort will return to profitability in the short to medium term.”

 



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