Baltimore Sun

Report: Trump golf resort in Scotland lost $4.5 million in ’17

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WASHINIGTO­N — President Donald Trump’s Turnberry golf course in Scotland — one of his largest investment­s and the site of a presidenti­al visit this summer — lost $4.5 million in 2017, its fourth consecutiv­e year in the red.

That loss was detailed in documents filed by the Trump Organizati­on with the British government, and posted online Thursday.

Trump has spent at least $212 million on the property — $67 million to buy it and an additional $144 million to renovate it and sustain its ongoing losses since he purchased it three years ago.

The figures from Turnberry were another sign that Trump’s businesses have suffered as his rise as a polarizing political figure has alienated the rich, urban customers his properties seek to attract.

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