Revenues Continue Downward Slide At Trump's Mar-a-Lago
Among President Trump's businesses hit by the pandemic, his Mar-a-Lago private club and residence experienced the most revenue loss.
Revenues at Mar-a-Lago, President Donald Trump's private club and tropical residence in Palm Beach, last yearcontinued a steady decline that began with his inauguration in 2017 by dropping 5.6 percent to $21.4 million in 2019, according to annual financial reports released last month.
Mar-a-Lago was the biggest loser among the president's local businesses that include Trump National Jupiter golf club and Trump International Golf Club in West Palm Beach, the president's preferred course when visiting.
Overall, Mar-a-Lago has seen revenue drop from $25.1 million in 2017 to $21.4 million in 2019. Some of the losses can likely be attributed to the hit Trump sustained when more than 20 charities canceled their pricey fundraisers in response to Trump's comments about protesters at a deadly white-supremacist rally in Charlottesville, Virginia, in 2017.
Read more at our news partner at the Palm Beach Post.