Trump's Irish resort loses money for third consecutive year
NEW YORK (AP) — Donald Trump has lost money for a third year in a row at his golf club in Ireland.
Financial statements filed with the Irish government show the president's resort on the island's west coast lost about $2.6 million in 2016, the latest year available. The losses come amid signs of trouble at some of his other golf resorts. His two Scottish resorts, for instance, recently reported losses had doubled in 2016.
There are signs of improvement at the Irish property, though. Revenue rose in 2016, and losses are smaller, down 14 percent from a year earlier.
The Trump International Golf Links and Hotel in Doonbeg was hurt by a shutdown for 2015 and part of 2016 while the property was being refurbished.