The putting green outside the Trump National Doral Miami Golf Shop. By David A. Fahrenthold and David A. Fahrenthold Reporter covering the Trump family and its business interests.
Trump has entwined his office with his private company, drawing scrutiny from congressional Democrats interested in whether his company is benefiting from that relationship. At the same time, revenue has declined at some properties dependent on blue-state customers and politics-shy national brands. The documents included detailed breakdowns of the Trump resort’s income streams, expenses and projections, as well as comparisons between Trump Doral and its competitors in the area.
But the statistics provided by the company’s consultants to Miami-Dade County — which are legally required to be accurate — showed competing resorts in the same region of Florida still outperformed the Trump resort in the key metrics of room occupancy and average room rate. But in many other places, the Trump presidency seems to have brought bad news for the Trump Organization.
Revenue fell at other Trump hotels, in Chicago and New York, after Trump entered the presidential race, according to internal documents. Its appeal was grounded in Florida weather and golf history: The legendary “Blue Monster” course had hosted a prominent PGA Tour event for more than 50 years running.
Then, in 2015, Trump launched his presidential campaign, calling Mexican immigrants drug dealers and rapists.“The problem that the tour had was that we couldn’t find a replacement for Cadillac. So we had to move the tournament,” Butch Buchholz, who served as chairman of the golf tournament, called the World Golf Championships, said in an interview this year. “If they could have found a sponsor, they would — I believe — still be playing there.
It seems Trump gives Washington Post headache?.
But I thought he was making himself richer? Which is it? EnemyOfThePeople
BoSnerdley Oh, no!! Do you mean to tell me that all businesses don’t become successful? I’m horrified!
Is it because he is a totally shite businessman with the innate intelligence of a banana plant and the attention span of a sugar crazed toddler?
Fake loss! Don't you see? He's doing it again. FAKE LOSSES.... All his properties are losing money? He keeps all the money, he doesn't care about the bills.
Can't stop comrade?
No one cares. Treason is tbe subject right now. Hahahahaha.
BoSnerdley Grasping much? 1 out of hundreds of business enterprises is declining, and you auger in on that. Pathetic.
I recently farted, would you like to gossip about that as well ? -M
CaliFarmer707 Too bad. So sad!
...EMOLUMENTS CLAUSE. . . .?
The irony here is if he would have done the right thing and divested in the first place, his business wouldn’t be affected as much by his politics.
All the 💯 negative media bias
Neglect and over-hyping tends to focus attention on every aspect of a product being touted, but in the case of Trump who is a very publicly known corporate trasher of properties. Coupled with his present delusions and hyper-sensitivity to his own name, plus huge negatives=Failure
He has these guys running the company.
And this is important news to who? 🙄
Ever the great business man .. not
The Trump Org tried to pass the Doral's decline on business due to a drop in FL visitors due to hurricanes. Funny thing is the Florida Tourism Board says FL's had record numbers of visitors over the last 2 years.
Too many of these are on prized land. People want to live in homes with front and backyards. They just do not want the hassle of lawn care and that creates many jobs nationwide.
so what? he's not allowed to be involved in his businesses right now. so he'll have to worry about that in 5 1/2 years.
Oh no 🙈 will democrats come to his help
BoSnerdley We will never see successes on the news so how do we know and who cares what WP thinks.
My first thought was that it was the White House
Sad when people wish failure. Speaks volumes of their character.
Uhmmm, this is no secret. Since his whole bullshit fight he picked with Mexico even before the election, the PGA subsequently cut ties with Doral, and the rest is loser history. Who didn’t see this coming?
love it...bankruptcy ?...how many would that make?
What a coincident! realDonaldTrump is severely underperforming in his current job.
We at the Washington Post and other lib outlets are thrilled that we’ve sullied the Trump family’s reputation so much that we have impacted their income. We promise to promote more lies against them for the next 5 years or so.
Fake news i am sure he will say
TrumpShitHoleProperty
This information will further kill business. Nobody wants to visit a resort known to be a loser.
Hit him in his pocket
You do realize we know that you're the Washington Post, right?
People with morals
Doral has been in decline for years. It is to South Florida resorts what Kutscher’s Hotel was to the Catskills. A great history but renovations will not restore it to its heyday of the 60s and 70s. Trump’s name hasn’t helped, but the decline and ultimate demise is inevitable.
And of all people speaking about anyone underperforming is the Washington Post hmmmmmm, 🔎☑️ right.
Fake news by Wash. Post. Which is the prince of Fake And Globalist / Illuminati News. Everyone loves Trump resorts and there a booming hot spot for the successful people in society.
No surprize there
In the words of you know who....”If it’s true, I love it!” 😊
BoSnerdley Is this a click-bait to get WaPo subscription?
Being a CRIMINAL kind of does that to a brand.
Trump resorts may be underperforming because he is totally focused on making America Great Again!!!!
If true, then you deceitful, dishonest, media that all the time were telling trump businesses are benefiting from his presidentship ARE TOTAL LIARS
A positive Fl story. Thank you.
BoSnerdley Such hard hitting journalism. Nothing more than expensive litter box liner at this point.
Lol from folks who predicted Hilary had 98% chance of winning 😂😂😂
We might see a bunch of visits to this property soon so American tax payers can support Trump’s failing business.
Everything Trump Touches Dies
Trump is now the president.. currently not running his businesses...thought it was public knowledge...UNLESS THE MEDIA IS SUGGESTING THAT TRUMP IS STILL RUNNING HIS BUSINESSES....shameful journalism....everybody knows Trump cannot be the president and be in business at same time!
With Trump's tariffs he may force farmers into bankruptcy. Who's going to buy their land? People like trump and give them 10 cents on the dollar. Makes me wonder
He'll be lining his pocket on some other grift through is 'presidency'. He'll be financially fine, don't fret for him.
You mean the business woes he should have divested from anyway? He’ll just take out another loan using his white privilege as collateral again. Seems to work every time.
Rather ironic that a newspaper is trying to cast doubt on POTUS business record. After all the newspaper industry is so financially strong right now. sarcasm Alleged Russian collusion didn't work, attacking his character did work, attacking his friend didn't worknow this.
Total loser. Sad!
.realDonaldTrump damn. Talk about a brand in decline.
Just stop. Your like an 8th grader at this point.
Perfect
In business, the more expert is often the one who loses...
Poor EricTrump was just bragging about it yesterday. The good news is that FLOTUS doesn't give a rat's ass and neither does the rest of the WORLD. Karma sucks for the trumpian dynasty.
The man lost $1B+ in 10 yr span, why are we surprised about his “business woes”. Brokahantas
It's ok. Just file bankruptcy again
You mean his base isn’t flocking to his properties?
PATTERN OF BANKRUPTCY? TRUMP IS BEING WATCH CLOSELY BY FBI, COA, DEA, ATF, BSA, SEC, FCC, FINCEN, IRS AND INTERPOL, SO HIS CRIMINAL ENTERPRISE IS LOSING ILLEGAL MONEY.
Even after Trump forces donors and RNC to use properties ? BiggestLoser strikes again
It's trump's, destined to FAIL just like EVERYTHING BillionDollarLoser touches. He is a chronic failure, surrounded by other failures. realDonaldTrump is biggest loser
Milennials and Gen X look at resorts as money pits for the wealthy... And there are fewer & fewer wealthy people in the U.S. with all of its laws that favor the wealthy elite %1...Meanwhile the cost of living keeps rising with a stagnant federal minimum wage that's worthless...
Good. The Trump brand is trash. Trump realDonaldTrump IvankaTrump DonaldJTrumpJr EricTrump TrumpDoral
Good!
the name is toxic
Great businessman... Another bankruptcy? BillionDollarLoser
The pay to play money he’s getting from the Saudis should more than make up the shortfall.
That'll show him. He's done for good now, Washington Post. Good job.
He should resign as “president” and return to the business of personally driving his businesses into the ground.
putin won't like it if people are not buying cosmos
I have avoided playing golf at any Trump property since 2017. Glad I have contributed to this decline..... Trumpocalypse FactsMatter Gaslighting FakePresident ImpeachTrump
Nice.
Who cares? He lies so much that he will make it out to be better than reported. Next!
Republicans and Trump donors have made efforts to book events at Trump's properties which should all be considered violations of the domestic Emoluments clause.
BillionDollarLoser
Blue becomes Red Monster!
Being under yhe microscope, realDonaldTrump can't get any more, illegal money.
Ha ha!!!
This made my day. 🤪
Bankruptcy would be too kind.
He’s a billionaire, counting his money is pointless 🙂
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MSNBC - 🏆 469. / 51 Read more »