Yerevan:   +26 °C
Today:   Monday, 28 September, 2020

Revenue at biggest Trump properties held steady last year

2920
Saturday, 01 August, 2020, 14:15
Revenue at biggest Trump properties held steady last year

Revenue at President Donald Trump’s Washington, D.C., hotel and several of his biggest clubs and resorts mostly held steady last year before the coronavirus forced many to shut their doors and lay off workers, according to a financial disclosure report released Friday.Trump's D.C. hotel and his Mar-a-Lago club in Palm Beach, Florida, both took in slightly less revenue in 2019 for the third year in a row. Revenue at the president's golf club near Miami and at his Bedminster, New Jersey, golf club inched up.In sum, the disclosure report released by the Office of Government Ethics appears to provide little evidence that Trump's role as president has provided a big boost to his business, as his critics had feared.Trump’s vast properties and businesses — golf courses and hotels, office buildings and residential towers, and licenses to use his name among others services — generated revenue of more than $440 million, little changed from 2018. The value assigned to Trump’s assets was estimated at more than $1.3 billion, down slightly from the previous year.