Losses deepen at Trump's Scotland properties, new financial reports show

https://www.washingtonpost.com/politics/losses-deepen-at-trumps-scotland-properties-new-financial-reports-show/2019/10/08/08ddf890-e9d4-11e9-bafb-da248f8d5734_story.html

The Trump Organization’s two Scottish golf courses lost $14.3 million in 2018, extending a multiyear string of losses that have intensified since Donald Trump took office, according to annual financial reports released this month.

The results add further pressure to two of President Trump’s key overseas investments at a time when the company faces backlashes on many fronts, including customers who shun the president’s family business for political reasons and golf course neighbors upset by the company’s plans to build hundreds of new homes on bucolic farmland.

The losses at the two Scotland courses — the Turnberry resort along the southwestern coast and another seaside course near Aberdeen in the northeast — were detailed in documents filed by the Trump Organization with the British government and posted online in recent days.