Newly filed accounts for TIGL Ireland Enterprises Ltd, the company operating the resort, reveal a 12% rise in revenues, amounting to €16.12 million.
Commenting on the performance, General Manager Joe Russell stated, “Trump Ireland, Doonbeg continued on its upward trajectory of business growth and profitability, achieving its most successful year since opening in 2002 and since the Trump Organisation acquired it in 2014.”
He highlighted record-breaking rates, with an Ocean View suite during high season in 2024 priced at €2,720 per night and green fees peaking at
€450 per person—set to rise to €525 in 2025. “These figures reflect the strong demand for our hotel, golf course, and the exceptional service provided at Trump Doonbeg,” he added.
The resort’s revenue was driven by membership, green fees, and accommodation rentals, resulting in increased sales across all outlets in 2023.
In 2024, the resort received recognition from The Great Places to Work in Ireland and Failte Ireland for Employer Excellence. Additionally, Condé Nast ranked Trump Doonbeg among the top five resorts in Europe.
According to Mr. Russell, 2024 is expected to surpass 2023’s performance, with strong advance reservations for 2025.
The golf course also continues to draw acclaim for its condition and playability. The Irish Golf Tour Operators Association named it the most visited property for room nights by its members.
The company reported a pre-tax profit of €488,624, a significant improvement from the pre-tax loss of €736,186 in 2022—a swing of €1.22 million. This figure includes a €112,798 profit from the sale of an asset.
Donald Trump Jr. And Eric Trump remain on the board of TIGL, with plans underway to upgrade facilities at the resort. In their directors’
report, they noted that these enhancements are expected to improve the customer experience and positively impact trading results.
Since acquiring the resort in 2014, the Trump Organisation has invested over €40 million, including the purchase price. Last year alone,
€404,850 was added as a capital contribution, with €1.89 million allocated to tangible assets, following a €1.7 million outlay in 2022.
The resort employs 300 staff during peak season, with staff costs rising from €7.17 million in 2022 to €7.56 million in 2023.
As of December 2023, shareholder funds totaled €17.58 million, offset by accumulated losses of €17 million. The Donald J Trump Revocable Trust is listed as the resort’s owner.
Donald Trump has visited the resort seven times since its acquisition, with his most notable visit occurring in June 2019 during his term as US President.