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January 22, 2021

Revenue at Trump hotels, resorts hit hard by pandemic

By BERNARD CONDON
Associated Press

NEW YORK — Donald Trump is returning to a family business ravaged by pandemic shutdowns and restrictions, with revenue plunging more than 40 percent at his Doral golf property, his Washington hotel and both his Scottish resorts.

Trump’s financial disclosure released as he left office this week was just the latest bad news for his financial empire after banks, real estate brokerages and golf organizations announced they were cutting ties with his company following the storming of the Capitol this month by his political supporters.


 
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