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Loss at Doonbeg resort

Donald Trump’s Clare golf resort at Doonbeg has yet to make a profit despite a 30 per cent jump in revenues to €6.5 million, according to new accounts.
 Figures for the Trump-owned TIGL Ireland Enterprises Ltd for 2016 show that it continues to make operating losses, although these almost halved in that year to to €807,090.
The accounts show that €3.1 million was invested in the resort firm in 2016 by the Trump organisation on top of €5.5 million the previous year.
Ongoing investment in the course contributed to pre-tax losses of €2.2 million in 2016, 14 per cent lower than the €2.57 million in losses sustained in 2015.
 

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