Newly-filed accounts for the resort show that it made a €2.2m operating profit in 2024. That’s up 8pc from the nearly €2.1m it generated in the previous financial year.
The accounts for the company behind the Trump International Golf Links & Hotel at Doonbeg – TIGL Ireland Enterprises – show that revenue at the venue rose 7pc to €17.3m in 2024. Its pre-tax profit in 2024 was €595,000, compared to €489,000 in 2023.
The directors of the resort – including Donald Trump’s sons, Eric and Donald Jnr – said that expectations are high that the hosting of the Irish Open there in September this year will be provide a significant profile boost for the destination.
Eric Trump told the Sunday Independent this week that his father intends to visit Doonbeg during the tournament.
Mr Trump and his family bought the Doonbeg resort in 2014.
The directors note that the business delivered increased sales across its green fees, membership, accommodation and hotel services during 2024.
They added that the resort continues to receive “significant international recognition”.
It was named one of the top five resorts in Europe in the Conde Nast Traveller Readers’ Choice Awards for 2025, they note. It was also named Ireland’s best golf hotel for 2024 by World Golf Awards and was named one of the top 10 golf courses in Ireland.
The directors said that hosting the Irish Open this year from September 10 to 13, will further enhance the Doonbeg resort’s international profile.
The Donald J Trump Revocable Trust is the ultimate parent company of the Irish firm that operates the golf and hotel venue. President Trump is the sole beneficiary of the trust, which also controls multiple other assets owned by him. Those assets include his stake in stock market-listed Trump Media and Technology.
Eric Trump told the Sunday Independent that the family would have invested significantly more in Ireland if not for the protracted planning process.
“I cannot tell you, between Ireland and Scotland, how many projects I would have taken on if the process didn’t just kill the excitement,” he said.
The Trumps are currently hoping to build a ballroom at the Doonbeg resort that would be big enough to host 320 people. Clare County Council is imminently due to make a decision on the planning application.
Eric Trump also said in his interview that the Irish Open wouldn’t have been making its way to Doonbeg without the help of Rory McIlroy.
“We’ll drive millions of dollars worth of economic value into Ireland during the tournament,” he said.
He added that the Doonbeg course will host “the best Irish Open that Ireland has ever seen”.
“I’ve promised Rory McIlroy that,” he said. “Rory’s become a friend. And frankly, I’d say without Rory’s support, I’m not even sure if we’d have it here.”
Doonbeg had been developed at an initial cost of €28m when it opened in 2002.
While a 2014 report showed that receivers had obtained just under €9m for the sale of the property, the accounts for TIGL Ireland Enterprises later showed that it paid €14.4m for the acquisition of tangible fixed assets. That included €9.6m for land and buildings and €2.6m for the golf course.
