$8 million in losses for 2021 – Unfortunately, Donald Trump’s financial woes extend across the Atlantic – His prized Scottish golf courses are bleeding money and they have claimed $4 million in UK furlough money.

Trump and his suffering businesses in the U.S have been widely covered. Unfortunately for the former President of the United States, the take is just as saddening in other parts of the world too. Trump Turnberry, a Luxury Collection Resort, Scotland, has claimed over $4 million in U.K. government furlough money. Covid-19 didnt spare Donald Trump’s iconic Washington DC hotel and toppled him off the list of Forbes’ 400 list of richest Americans for the first time in 25 years. As per reports, Trump’s Scottish golf courses had combined losses of more than $8 million last year.

The Trump MacLeod-House and Lodge

A turnover of nearly $9 million in 2020 was met with almost $7.5 million worth of losses as well. On becoming the 45th President of the U.S, Trump handed operations of the resorts to his sons Donald Junior and Eric, who seemed somewhat optimistic for the future despite revenue from both courses plummeting.

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Sadly the Trump hospitality flag in the UK is not flying high anymore.

He said, “Restrictions on inbound travel and with many weddings and functions rescheduling to 2021 and 2022, there is the confidence that the future of the resort is strong. Ownership remains fully committed to the resort. Future plans are set to enhance the resort further maintaining Trump Turnberry as Scotland’s premier destination for luxury travel, championship golf, and special events.’

One of the bathrooms at the Trump Turnberry Resort.

The ex U.S. President’s resorts at the Menie Estate in Aberdeenshire have suffered a similar fate. According to Daily Mail, in his director report for the Menie Estate, Eric Trump said, ‘Trump International continues to rank highly in the world golf rankings and plays an important part in the global Trump portfolio.

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The Trump Turnberry offers some stunning views.

The unpredictable nature of Covid-19 makes it difficult to predict how the company’s business and operations will be affected going forward. He continued, “In the short-term management expects an increase in 2021 turnover compared to 2020. Strategies put in place in response to the challenges of the pandemic in the short and medium-term are expected to reflect positively on the business.’

[Via – BBC]

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With over 15 years of experience in luxury journalism, Neha Tandon Sharma is a notable senior writer at Luxurylaunches. Her expertise spans luxury yachts, high-end fashion, and celebrity culture. Beyond writing, her passion for fantasy series is evident. Beginning with articles on women-centric gadgets, she's now a leading voice in luxury, with a fondness for opulent superyachts. To date, her portfolio boasts more than 2 million words, often penned alongside a cappuccino.