SCOTLAND: Trump Golf Resort Has Now Lost $52M

The Scotsman reports:

Losses at Donald Trump’s flagship Scottish golf resort have more than doubled to £10m, marking the fifth consecutive year under his ownership it has failed to turn a profit, newly published accounts show.

The US president’s Turnberry resort ran up losses of more than £10.7m last year, meaning that since he took over the historic property in 2014, it has lost nearly £43m.

It comes as Mr Trump’s most prestigious overseas resort is at the centre of a Congressional investigation into US Defence Department spending and patronage.

The above-linked report comes only days after it was revealed that Trump’s other Scotland resort is also deeply in the red.