The former US President's hotel and golf course in Clare generates a monthly turnover of around €1 million and sees people in Ireland rent suites at the resort
That's likely about the same amount the presidential candidate has invested in the property since he bought it in 2014.
As a presidential candidate, Trump is legally required to disclose his financial interests to the U.S. Office of Government Ethics.
The Republican Party candidate’s 265-page filing details a web of assets spanning the globe, from aviation interests to cryptocurrencies, golf courses and hotels to book royalties and Treasury bonds. The Doonbeg resort is listed as being worth somewhere between $25 million and $50 million.
The case file shows that the Doonbeg golf resort – now known as the Trump International Golf Links & Hotel Doonbeg – generated revenue of €15.2 million in a 16-month period beginning in January last year. This equates to almost €1 million a month.
The resort's hotel – included in the total valuation of the golf course and resort – generated revenue of just under €7.3 million in the same period.
Donald Trump with his son Eric at his Doonbeg resort. Photo: David Conachy
Trump bought the Doonbeg resort from receivership in 2014. The sale included the five-star lodge, seven unsold suites and the Greg Norman-designed golf course itself.
He promised to invest 45 million euros in the location and create hundreds of jobs.
The resort opened in 2002 and was developed at a cost of €28 million. A 2014 report by the trustees showed that the resort was sold to Mr Trump for approximately €8.7 million.
The sale to the businessman did not include a number of luxury suites that had been sold to investors during the economic boom and then leased back to the hotel.
They bought these suites as an investment, expecting to generate annual rental income and capital growth. In total, 47 suites were sold to investors for prices ranging from €1.2 million to €1.8 million.
The Doonbeg Golf Resort and Links. Photo: Charles McQuillan
His recent financial filings reveal details of the income generated by a number of individuals in Ireland from paying rent at the resort.
Trump and his wife Melania visited his Doonbeg resort in 2019, when he was still President of the United States.
Last May he visited again, but this time in a much more modest atmosphere.
The resort performed strongly in 2022, with the company behind the resort – TIGL Ireland Enterprises – reporting revenues of €14.4 million that year, double the figure in 2021. Operating profit also almost doubled to €933,000.
The presidential candidate's latest financial disclosure showed he had $513 million in income from U.S. resorts and homes, including his clubs Doral, Mar-a-Lago and Bedminster, as well as tens of millions of dollars in liabilities and debts related to his legal troubles.
Donald Trump's son Eric in Doonbeg in 2017. Photo: David Conachy.
One of his biggest sources of income was a Miami-based company that owns golf courses and a resort, which generated $161 million over the 16 months beginning in January 2023. His Mar-a-Lago property in Palm Beach, Florida, generated $57 million over the same period, while Trump’s Ruffin Tower near Las Vegas brought in $28 million from condo sales and hotel-related revenue.
Mr. Trump also made $5.3 million from book sales. He listed a dozen outstanding debts, including two incurred this year, each for more than $50 million — including one to the New York attorney general in connection with the civil fraud case against him.
Additional reporting: Bloomberg