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Mar-a-Lago proves bulletproof as Trump reveals pandemic damage to his business empire

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Trump\u0027s buildings are saddled with more than $1 billion in debt and more than a third of it is personally guaranteed

Revenue from the Trump hotel in Washington, which he had been trying to sell, fell to $15.1 million from $40.5 million a year earlier, according to the disclosure posted Wednesday. In Vegas, hotel-related sales were down to $9.2 million from $23.3 million. Another important property of Trump’s, the Doral Golf Resort in Miami, also saw revenues drop to $44 million from $77 million a year earlier.

One bright spot in Trump’s empire is his Mar-a-Lago club in Florida, where the ex-president returned Wednesday after his final day in the White House. Revenue hit $24.2 million, up from $21.4 million a year earlier, according to the financial disclosure. In total, Trump valued the assets from his businesses at between $1.3 billion and $1.7 billion. The disclosures are not exact — federal officials give the value of their assets and income in broad ranges, and the top value is “over $50 million.” Trump had 22 assets he listed in that range, including his Mar-a-Lago resort and the Trump International Hotel in Washington.Article content continued

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Mar-a-Lago proves bulletproof as Trump reveals pandemic damage to his business empireTrump\u0027s buildings are saddled with more than $1 billion in debt and more than a third of it is personally guaranteed I'm sure that revenue will dry up with the lucrative presidential functions.
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