• STV
  • MySTV

Losses at Trump's Scottish golf courses double to £19m

Trump Turnberry lost £17.6m last year, while Trump International lost £1.4m.

Trump Ayrshire: Billionaire during visit to Scotland.
Trump Ayrshire: Billionaire during visit to Scotland. © HEMEDIA / SWNS Group

Losses at Donald Trump's Scottish golf resorts doubled to £19m last year.

Golf Recreation Scotland, the holding company for Trump Turnberry, has reported a £17.6m loss for 2016.

Trump International in Aberdeenshire lost £1.4m, according to the latest annual accounts.

Trump handed control of his Scottish courses to sons Eric and Donald Jr shortly before becoming President in January.

Trump Turnberry director Eric said turnover had fallen because the South Ayrshire resort was shut for six months.

"It is expected that revenue will increase in subsequent years as the property is re-established as an industry-leading resort," he reported.

The oil downturn and a "severe winter storm" were blamed for losses at Trump International.

https://stv.tv/news/north/1376447-donald-trump-must-stick-to-1bn-plan-for-scots-golf-resort/ | default

Trump Turnberry reported a loss of £8.39m in 2015, while Trump International lost £1.09m.

The Aberdeenshire course has made a loss every year since it opened, losing £1.13m in 2014, £1.82m in 2013 and £1.74m in 2012.

Meanwhile, profits are up slightly at Vattenfall, whose planned Aberdeen Bay wind farm Trump described as a "blight the north east coastline" and "economically disastrous".

Vattenfall Wind Power reported a £82,000 profit for 2016, up £66,000 from 2015.

Download: The STV News app is Scotland's favourite and is available for iPhone from the App store and for Android from Google Play. Download it today and continue to enjoy STV News wherever you are.

One account. All of STV.

This field is required. That doesn't look like a valid e-mail format, please check. That e-mail's already in our system. Please try again.
ShowHide
Forgot password?
This field is required. At least 6 characters please. Did you enter your details correctly?
If you've forgotten your details then use the 'Forgot password?' link.
Need to reset your password?

We'll send a link to reset your password to

We've sent you details on how to reset your password

Please check your email and follow the instructions.

Forgotten your email address?

Have you forgotten the email address that you previously joined with? Don't worry, by emailing enquiries@stv.tv we can help.

One account. All of STV.

This field is required. Please enter at least 2 characters
This field is required. Please enter at least 2 characters
At least 6 characters please
ShowHide
This field is required. At least 6 characters please.
You have to be 16 or over to join
This field is required. This doesn't appear to be a valid date
Type your full postcode and select your address This field is required. It doesn't look like you've entered a valid postcode. Can't find your address? Confirm the details you've given us are correct by clicking here

By continuing you agree to our Terms of Use, including our Privacy Policy and Cookie Policy. Any issues contact us.

Upload Profile Picture

Please make sure your image is under 2mb in size and a valid JPG, PNG or GIF.

Are you sure?

Unfortunately, you'll be unable to access our premium content. We’ll be sorry to see you go, but if you change your mind you can rejoin us at any time.

Please verify your STV account

Please verify your STV account using the email we sent you. If you have lost the email, we can send you another one, just click the button below.

Thanks

We've sent you a new verification email.
Please check your email and follow the instructions to verify your account.

Welcome to STV
Thanks for joining us.

Oops!

Sorry, you must be at least 12 years old to place a vote for your Real Hero.

Please review our Voting Terms of Use for more information.

Oops!

Sorry! It seems that you are using a browser that is incompatible with our voting service.

To register your vote please copy the below URL in to your regular mobile browser. We recommend Google Chrome, or Safari.

http://shows.stv.tv/real-heroes/voting

Oops!

Sorry, you seem to have already voted in this category.

Thanks for voting

Now share your vote with friends on your social network

Share on twitter Share on facebook

Cast your vote

Please register or sign in to continue.

Cast your vote

This field is required. This doesn't appear to be a valid date

Cast your vote

Please fill out this form to cast your vote. As you are under 16 years old you will not create an STV account. Why do we need these details?

This field is required. Please enter at least 2 characters
This field is required. Please enter at least 2 characters
This field is required. That doesn't look like a valid e-mail format, please check.
Location This field is required.
Parental Consent This field is required.

That's you. All that's left is to click the 'Submit Vote' button below. By doing so, you confirm that you and your parent or guardian have read and accept our Voting Terms of Use, Privacy Policy and Cookie policy, and that the details you have entered are correct. We'll look after them as carefully as if they were our own.