It's
been another financial disaster for President Donald Trump's two Scottish golf
resorts after they both suffered huge losses of a combined £12 million ($14.5
million), due to the current state of the local economy.
Trump's
Turnbury resort, which has hosted the Open on multiple occasions, was hit the
hardest, as the losses tripled those of last year, reaching up to £10.8
million.
Before
Trump was voted in as president of the United States, both resorts had been
struggling financially but things looked on the up, with revenue improving at
both resorts.
Trump
has 17 golf projects across the globe and has invested huge sums of money in
buying and improving golf clubs, thinking that he could change the common
occurance of golf clubs suffering losses and going into bankruptcy.
The
45th president of the United States has received mixed reviews in Scotland,
with some people praising him for bringing more revenue in tourism and
providing more jobs in the area, while others have voiced their concerns over
his political stance and the damage he is causing to the natural dunes.
It
was recently reported that Trump planned on building 550 homes in what would be
his biggest construction project to date, but this has received backlash from
Scottish locals and councillors who are worried about the environmental damage
he would be producing.
Plans
to build a second course at Menie were recently approved by the local council,
which could potentially bring in more revenue, where homes will be for sale
worth up to £1.3 million.
Over
a decade ago, the plans for the original Menie resort were rejected by the
Aberdeenshire Council committee, but they were then called in by the Scottish
government after Trump promised to spend over £1 billion and create at least
6,000 jobs developing the resort.
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