The Trump Golf and Hotel Development is slated to be a £750 million investment. That means some serious money will need to be earned in attracting visitors to the Development.
Right now (2013) that attraction is a single golf course with supporting driving range, some hotel facilities at the old Estate House, the Golf House Restaurant & Bar, and the Golf Shop.
Green Fees are consequentially expensive:
For Aberdeenshire Residents, the Greens Fees are
- Weekday Rate: £156.00
- Weekend Rate: £172.00
For Non-Residents, the Greens Fees are
- Weekday Rate: £195.00
- Weekend Rate: £215.00
As yet there is no membership arrangement, and it is unclear if there will be a specific membership for just this development - even though Sean Connery has been advised that his
membership number will be 007.
Once the season is in full swing there will be up to 132 slots available each day from 11th April to the end of October. So that's about 30 weeks of golf. About £4.5m in greens fees - if the 25,000+ golfing opportunities are fully booked. From that you need to pay an Executive vice-President, a senior Professional, and other golf professionals, a Greenkeeper, maintenance and security staff (even allowing for the other services like bar etc breaking even). And then you might need to pay back some of your loan for the investment, or indeed fund further new investment on developing and maintaining the course and grounds. While some of that work might be seasonal, some of the more expensive people will not be. And you would need to take into account the number of free opportunities/loss leaders that might have been offered to get business flowing.
Your guess is as good as mine, but I would expect that they would need to bring in upward of £2m this summer to cover their running costs - utilising about 50% of the courses capacity. We'll see how the year unfolds.