https://archive.triblive.com/news/world/trumps-irish-resort-loses-money-for-third-consecutive-year/
Trump's Irish resort loses money for third consecutive year
President Donald Trump speaks with reporters as he arrives for a New Year's Eve gala at his Mar-a-Lago resort, Sunday, Dec. 31, 2017, in Palm Beach, Fla.
NEW YORK — Donald Trump has lost money for a third year in a row at his golf club in Ireland, but business appears to be improving.
Financial statements filed with the Irish government show the golf resort owned by the U.S. president lost $2.6 million in 2016, the latest year available. The losses come amid signs of trouble at some of his other golf resorts.
The Irish losses were 17 percent higher a year earlier. Revenue rose, too, in 2016.
The Trump International Golf Links and Hotel was hurt by a shut down for 2015 and part of 2016 while the property in Doonbeg, Ireland, was being refurbished. According to a prepared statement, the resort expects to report an operating profit for 2017. Those results aren't expected until late 2018.
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