Business is booming for the Donald

DONALD Trump’s Washington hotel saw nearly 20 million dollars (£15.7m) in revenue during its first few months of operation, which coincided with his election and inauguration as US president, it has emerged.

And Mr Trump’s Mar-a-Lago resort in Florida, which he has visited seven times as president, pulled in millions more than previously.

The new details were included in a financial disclosure Mr Trump submitted voluntarily on Friday to the Office of Government Ethics – the first snapshot of the Trump Organisation’s finances since its long-time leader became president.

When he took office in January, Mr Trump turned over the reins of his global estate, property management and marketing empire to his two adult sons and a senior executive.

But he did not divest, instead placing his enormous portfolio of financial assets in a trust controlled by the executive and Donald Trump Jr.

He can take back control of the trust at any time, and is free to withdraw cash from it as he pleases.

On paper, at least, the billionaire president’s finances do not appear to have been upended by the time-consuming campaign and transition to power.

He has at least 1.4 billion dollars (£1.1bn) in assets and reported at least 594 million dollars (£468m) in income from January 2016 through this spring.