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Sat Oct 19, 2019, 11:11 AM

Holding the G-7 Summit at a Trump Golf Course Is Blatant Corruption

In the competition to persuade wealthy customers to stay at high-end golf resorts, the Trump National Doral Miami is a so-so contender. When Golf magazine recently listed the top twenty-five golf resorts for luxury and the top twenty-five for general excellence, Doral didn’t make either list. It did get included in the top-hundred list, and it was also featured in the “Top 25 Resorts for Buddies,” a segment designed for hardcore golfers seeking “immersion therapy with multiple courses to play 18, 36, or until you just can’t see the ball anymore.” Doral has four courses, including the famous Blue Monster, which for many years was a regular stop on the P.G.A. Tour, and it’s certainly easy for your buddies to get to. Miami International Airport is just a few miles away.

Like many golf courses and golf resorts, Doral has faced serious challenges from rising competition and a decline in the number of people playing golf. In 2012, the Trump Organization purchased Doral out of bankruptcy court for a hundred and fifty million dollars—Deutsche Bank provided a mortgage—and added “Trump National” to its name. Once Trump bought the property, he started an extensive renovation, which was completed in 2016. The Trump Organization claimed that the renovation cost more than two hundred million dollars, although there is no way to verify that claim. But, in any case, Doral, which has almost six hundred and fifty guest rooms, represented a major investment for Trump, and it is by far the biggest of his golf resorts.

Despite the renovations, however, Doral’s struggles have continued. They may well have intensified. In 2016, Cadillac pulled out of sponsoring the venue’s annual P.G.A. Tour event, which created invaluable publicity, and the organizers moved the tournament to Mexico City. (“I hope they have kidnapping insurance,” a miffed Trump commented.) Earlier this year, the Washington Post’s David A. Fahrenthold and Jonathan O’Connell, two reporters who have done sterling work tracking Trump’s intermingling of his public duties with his private business interests, reported that Doral had seen a “steep decline” in its business since Trump decided to run for President. The resort’s “room rates, banquets, golf and overall revenue were all down since 2015,” the Post reported. “In two years, the resort’s net operating income—a key figure, representing the amount left over after expenses are paid—had fallen by 69 percent.”

https://www.newyorker.com/news/our-columnists/holding-the-g-7-summit-at-a-trump-golf-course-is-blatant-corruption

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