As Donald Trump’s reputation worsens in the midst of several high-profile court cases and accusations of fraud and treason, the golf courses that bear his name are paying the price.
The former President’s golf courses are struggling to attract customers and have started offering big discounts for tee times offered online.
According to a recent look at online tee times at Trump National Doral Golf Club in Miami over the weekend, almost all of them were available. That’s unheard of for a major golf course. In fact, in order to boost interest, the club is reportedly offering discounts from $11 to $45.
Unfortunately for Trump, losing money on his golf courses wouldn’t be a new thing. According to a 2020 New York Times report, the 15 golf courses that he owns around the world lost over $315 million over 20 years. Curiously, Trump’s FEC disclosures showed up earning over $500 million from his courses between January 2022 and April 2023.
Some of these golf courses are currently part of the ongoing legal efforts against him. New York Attorney General Letitia James has accused Trump of conspiring to increase his wealth by overvaluing properties such as his Aberdeenshire golf club in order to secure loans. Trump is also said to have used faulty logic to value his Trump International Golf Links Scotland resort in Turnberry.
[Newsweek]
