Donald Trump Posted a Ten Million Dollar Loss at His Prized Doral Resort in Miami

Fountain at the 18th Hole at the Trump Doral Golf Resort in Miami, Florida.By: Cfmyers
Type: Business FailuresMay 15 2019 Severity:

Donald Trump posted a ten million dollar loss at his his prized Doral resort in Miami, Florida, adding yet another property to the list of those taking on heavy losses since his political career began. The heavy losses amounted to a 69% decline in operating income for the Miami property, which is eye popping considering the thriving economy and Trump's name recognition. The Trump Organization has tried to explain the massive drop in revenue on the Zika virus and hurricanes, but that's questionable considering other resorts in the area are thriving.

Main Source: axios.com