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Trump steps out of the White House and into a company in crisis David Fahrenthold, Jonathan O Connell Trump departs White House hours before Biden s inauguration Replay Video UP NEXT Donald Trump returns to his company this week as it faces a deepening crisis, with key properties bleeding revenue and its bankers, lawyers and customers fleeing the company. Financial disclosure forms, filed by the former president as he left office, revealed that his hotels, resorts and other properties had lost more than $120 million in revenue last year, as the pandemic forced long-term closures and kept customers home. Those losses were worst in the places where Trump could least afford it: His Washington hotel, which has a $170 million loan outstanding, saw revenue drop more than 60 percent. His Doral resort in Miami also carrying a huge debt load saw a 44 percent drop. ....
Now, former US President Donald Trump returns to a business remade in the image of the country he led: Beleaguered, indebted and toxically politicised. ....