Trump International ‘crystal clear’ on vision for golf in Scotland

“The financial statements reflect the fact substantial investment is being made on an ongoing basis,” Ms Malone said. “This includes expenditure across all our operations and the investment we are making in hosting tournaments on an annual basis.

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“From the outset this development was driven by the Trump family’s love of Scotland and their great love of golf. The Trump Organisation’s dedication to this property and its investment in golf in Scotland – and by extension the Scottish economy – remains unwavering and has not faltered at any stage.”

She added: “Such a commitment is something that should be celebrated.”

According to accounts filed with Companies House, Trump International Scotland saw pre-tax losses nearly double to £1.4 million in 2023 from £738,344 previously. This was despite a significant rise in turnover to £37.4m versus £3.6m in the preceding 12 months.

The accounts noted there were “sizeable” increases in tournament and marketing expenditure but this is expected to deliver elevated levels of revenue “in 2024 and beyond”.

“This investment – at the family’s own expense – has been a key factor in ensuring that the north-east of Scotland is on the world golf map,” Ms Malone said.

“Furthermore, Trump International Scotland has in the last year secured coveted golf rankings including top 10 and top 100 rankings. Notably, Golf Week ranked the championship links number two in the top 50 modern courses in Great Britain and Ireland, and the World Golf Awards named the resort Scotland’s best golf course.

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“Our next phase of investment includes another world-class championship links, further resort facilities and accommodation. Establishing a new world-class championship golf destination requires considerable up front and continuing investment and no other developer is more committed than Trump.”

Separate accounts filed on behalf of SLC Turnberry show that the 800-acre resort in South Ayrshire – which Mr Trump acquired in June 2014 – enjoyed a surge in pre-tax profits from £186,000 to £3.8m in 2023. It marked the second consecutive year that the business has reported a profit following seven years of losses.