porciani: In January last year, Turnberry's general manager, Ralph Porciani, told the Guardian he expected 2017 to be the best-performing in the hotel's history more than a century by beating its previous record takings of 16.2m in 2007 by 15% to 20%. Trump and Scottish golf resort profit from falling pound after Brexit vote Read more Trump had told the Times that month Turnberry was doing unbelievably well because the value of sterling had fallen after Brexit, boosting US and overseas visitors, according to The Guardian. Turnberry's earnings for 2017 were much lower than Porciani's forecast of at least 18.5m though. Trump Turnberry's last accounts show the luxury hotel and golf resort in Ayrshire had an income of 15.2m in 2017 because its takings jumped after he spent more than 100m refurbishing its buildings and courses, and with rooms available at a steep discount. Its sales grew by 70% chiefly because it was not affected by any closures during 2017 from the remodelling of its golf courses and refurbishment of the hotel. Sign up for the US morning briefing The accounts for Turnberry's holding company, Golf Recreation Scotland, also suggest that Trump's optimism about the impact of sterling's weakness against the dollar was unfounded. Turnberry also increased its golf club membership fees by 38% to 2,500 a year after the courses were revamped at great expense.
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