Trump might use his own Florida golf resort to host G7 meeting next year
- The U.S. is set to host the annual confab next year
- This year’s summit is to be held next month in France
- Trump’s Doral golf course is among the finalists, Axios reported
- Trump regularly touted the course during his campaign
- He frequently visits Mar-a-Lago and Bedminster courses
- Has hosted world leaders at Mar-a-Lago
President Donald Trump may get the chance to promote one of his Florida golf courses next year by bringing leaders of the G7 to his Doral club.
Trump, who just returned from a trip to his Bedminster golf course in New Jersey, has frequently touted his golf properties as president and as a presidential candidate before that.
He hosted Chinese President Xi Jinping at Mar-a-Lago, and also used the venue, which he terms the ‘summer White House’ to host Japan’s prime minister Shinzo Abe.
View leading into Trump National Doral in Miami, Florida on April 3, 2018. The course is among finalists for next year’s G7 summit
The U.S. takes the rotating presidency of the confab of economic powerhouses next year – and Trump’s Doral course is among the finalists, Axios reported.
The Miami course could use the business. Profits are down since Trump assumed the presidency.
Trump earned $116 million in revenue from the course in 2017, according to his financial disclosures – but his earnings fell to $75 million the following year, the Miami Herald reported.
An aerial overview of the Red Course then under construction and the Blue Monster Course at Trump National Doral from the MetLife blimp during the third round of the World Golf Championships-Cadillac Championship at Blue Monster, Trump National Doral, on March 8, 2014 in Doral, Florida.
The Washington Post reported this spring the course was suffering ‘steep decline’ with revenue per room also dropping, and a tax consultant told a county tax official it was due to ‘negative connotation’ with the Trump brand.
The company his back with a statement pegging the challenges to the Zika virus and hurricanes.
Trump acquired the hotel in a bankruptcy sale in 2012. Cadillac pulled its World Golf Championships-Cadillac Championship out of Doral and it’s ‘Blue Monster’ course in 2016.
The G7 summit is attended by heads of state or political leaders of the seven major industrialized nations, plus the European Union.