Donald’s Trump’s son is said to be thrilled with the financial performance of Doonbeg glf resort – after they lost €2.5million in its first year.
Eric Trump was reacting to accounts just filed by TIGL Ireland Investments Ltd which showed that the resort had netted quite a loss in the year the US billionaire bought it.
“I couldn’t be more pleased with the financial performance of Doonbeg. We are absolutely thrilled with how it is going,” he said.
Resort: Doonbeg has lost €2.5million since Donald Trump bought it | TRUMPHOTELCOLLECTION.COM
“The performance has been exceptional. There is a lot of money going into it,” he told The Irish Sun.
Donald purchased the course in February of last year and has said that he hopes to transform it into a “truly iconic” destination.
According to the directors’ report, the company “has commenced a redesign of the golf course which will be completed in 2016 . . . the directors forecast further losses in 2015.”
