Trump’s Doral resort is in steep decline, showing his business problems are mounting
https://www.thestar.com/news/world/us/2019/05/15
/trumps-doral-resort-is-in-steep-decline-showing-his-business-problems-are-mounting.html
Late last year, in a Miami conference room, a consultant for President Trump’s company said business at his prized 643-room Doral resort was in sharp decline.
At Doral, which Trump has listed in federal disclosures as his biggest money-maker hotel, room rates, banquets, golf and overall revenue were all down since 2015. In two years, the resort’s net operating income — a key figure, representing the amount left over after expenses are paid — had fallen by 69 per cent.
Even in a vigorous economy, the property was missing the Trump Organization’s internal business targets; for instance, the club expected to take in $85 million (U.S.) in revenue in 2017 but took in just $75 million.
Maybe, just maybe Flipper Donnie needs the business a G7 meeting would generate. I've heard and see a rather large decline in golf which means golf courses are in decline worldwide. Younger folks just don't want to spend 4+ hours playing a round od golf.
https://www.thestar.com/news/world/us/2019/05/15
/trumps-doral-resort-is-in-steep-decline-showing-his-business-problems-are-mounting.html
Late last year, in a Miami conference room, a consultant for President Trump’s company said business at his prized 643-room Doral resort was in sharp decline.
At Doral, which Trump has listed in federal disclosures as his biggest money-maker hotel, room rates, banquets, golf and overall revenue were all down since 2015. In two years, the resort’s net operating income — a key figure, representing the amount left over after expenses are paid — had fallen by 69 per cent.
Even in a vigorous economy, the property was missing the Trump Organization’s internal business targets; for instance, the club expected to take in $85 million (U.S.) in revenue in 2017 but took in just $75 million.
Maybe, just maybe Flipper Donnie needs the business a G7 meeting would generate. I've heard and see a rather large decline in golf which means golf courses are in decline worldwide. Younger folks just don't want to spend 4+ hours playing a round od golf.
