U.S. President Donald Trump’s golf courses in Scotland lost more than $6 million in 2017.
A report released Monday said the Trump International Golf Links near Aberdeen lost $1.7 million, slightly lower than the $1.8 million lost in 2016.
His flagship Trump Turnberry resort along the Irish Sea posted a loss of nearly $4.5 million last year, substantially less than the $23.3 million loss posted in 2016. The resort has lost more than $43 million since Trump bought it in 2014.
Trump’s son Eric said in a letter that the 2017 losses at Aberdeen could be attributed to a “crash in the oil price and economic downturn experienced in the northeast of Scotland.”
He pointed to Turnberry as a success story following a major redevelopment there after the 2016 losses. He praised the 2017 number as “one of the most robust financial results in years.”
Trump visited the Turnberry resort in July, costing the U.S. government some $68,800, The Scotsman newspaper reported at the time. It said the State Department paid the resort for the rooms used by Trump and his staff, who stayed there from Friday night to Sunday afternoon.
The Trump organization at the time did not dispute the charges but clarified that the U.S. government was charged at cost and that the resort did not profit from the visit.